Humacyte Inc (NASDAQ: HUMA) is 5.28% higher on its value in year-to-date trading and has touched a low of $1.96 and a high of $5.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HUMA stock was last observed hovering at around $3.04 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $2.99, the stock is -6.78% and -15.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing -1.64% at the moment leaves the stock -2.66% off its SMA200. HUMA registered -10.21% loss for a year compared to 6-month gain of 4.18%. The firm has a 200-day simple moving average (SMA200) of -$3.45.
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The stock witnessed a -3.86% loss in the last 1 month and extending the period to 3 months gives it a 6.79%, and is -1.32% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.72% over the week and 6.12% over the month.
Humacyte Inc (HUMA) has around 183 employees, a market worth around $356.05M and $0.00M in sales. Distance from 52-week low is 52.55% and -46.61% from its 52-week high. The company has generated returns on investments over the last 12 months (-160.45%).
Humacyte Inc quarterly earnings per share for the current quarter are estimated at -$0.22.The EPS is expected to grow by 16.26% this year
127 institutions hold shares in Humacyte Inc (HUMA), with institutional investors hold 22.87% of the company’s shares. The shares outstanding are 103.67M, and float is at 86.14M with Short Float at 4.63%. Institutions hold 15.54% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 4.3 million shares valued at $12.31 million. The investor’s holdings represent 4.16% of the HUMA Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 2.97 million shares valued at $8.49 million to account for 2.87% of the shares outstanding. The other top investors are Geode Capital Management, LLC which holds 1.1 million shares representing 1.07% and valued at over $3.15 million, while State Street Corporation holds 1.00% of the shares totaling 1.04 million with a market value of $2.97 million.
Humacyte Inc (HUMA) Insider Activity
The most recent transaction is an insider sale by Dougan Brady W, the company’s Director. SEC filings show that Dougan Brady W sold 2,000,000 shares of the company’s common stock on Sep 14 ’23 at a price of $2.78 per share for a total of $5.56 million. Following the sale, the insider now owns 6.19 million shares.
Humacyte Inc disclosed in a document filed with the SEC on Sep 14 ’23 that Niklason Laura E (President, CEO and Director) sold a total of 2,000,000 shares of the company’s common stock. The trade occurred on Sep 14 ’23 and was made at $2.78 per share for $5.56 million. Following the transaction, the insider now directly holds 6.19 million shares of the HUMA stock.
Still, SEC filings show that on Aug 21 ’23, Ayabudge LLC (10% Owner) disposed off 602,443 shares at an average price of $3.39 for $2.04 million. The insider now directly holds 8,191,140 shares of Humacyte Inc (HUMA).
