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New Big Money Means Repligen Corp. (RGEN) Investors Could Reap Benefit

Repligen Corp. (NASDAQ: RGEN) is -9.56% lower on its value in year-to-date trading and has touched a low of $110.45 and a high of $211.13 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RGEN stock was last observed hovering at around $160.30 in the last trading session, with the day’s gains setting it 2.31%.

Currently trading at $162.61, the stock is 7.68% and 17.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.5 million and changing 1.44% at the moment leaves the stock -1.46% off its SMA200. RGEN registered -6.03% loss for a year compared to 6-month loss of -21.08%.

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The stock witnessed a 22.90% gain in the last 1 month and extending the period to 3 months gives it a -7.62%, and is -2.51% 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 3.15% over the week and 5.51% over the month.

Repligen Corp. (RGEN) has around 1783 employees, a market worth around $9.11B and $602.35M in sales. Fwd P/E is 85.30. Profit margin for the company is -0.32%. Distance from 52-week low is 47.22% and -22.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.07%).

The EPS is expected to shrink by -17.84% this year

652.0 institutions hold shares in Repligen Corp. (RGEN), with institutional investors hold 109.18% of the company’s shares. The shares outstanding are 55.77M, and float is at 52.09M with Short Float at 8.43%. Institutions hold 102.04% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 7.77 million shares valued at $$1.43 billion. The investor’s holdings represent 13.9326 of the RGEN Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 5.1 million shares valued at $$937.99 million to account for 9.1413 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 3.57 million shares representing 6.3959 and valued at over $$656.29 million, while FMR LLC holds 4.0469 of the shares totaling 2.26 million with a market value of $$415.25 million.

Repligen Corp. (RGEN) Insider Activity

The most recent transaction is an insider sale by KURIYEL RALF, the company’s Senior VP, R&D. SEC filings show that KURIYEL RALF sold 7,148 shares of the company’s common stock on Aug 02 ’24 at a price of $159.35 per share for a total of $1.14 million. Following the sale, the insider now owns 12288.0 shares.

Still, SEC filings show that on Aug 01 ’24, KURIYEL RALF (Senior VP, R&D) disposed off 4,465 shares at an average price of $165.67 for $0.74 million. The insider now directly holds 19,261 shares of Repligen Corp. (RGEN).

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