OptiNose Inc (NASDAQ: OPTN) is -17.05% lower on its value in year-to-date trading and has touched a low of $0.80 and a high of $2.10 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 OPTN stock was last observed hovering at around $1.03 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.07, the stock is 11.27% and 3.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.52 million and changing 3.88% at the moment leaves the stock -12.95% off its SMA200. OPTN registered -15.75% loss for a year compared to 6-month loss of -39.89%.
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The stock witnessed a 1.90% gain in the last 1 month and extending the period to 3 months gives it a 0.00%, and is 14.84% up 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 7.60% over the week and 5.94% over the month.
OptiNose Inc (OPTN) has around 132 employees, a market worth around $161.33M and $75.06M in sales. Profit margin for the company is -54.50%. Distance from 52-week low is 33.75% and -49.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-49.62%).
The EPS is expected to grow by 28.91% this year
102.0 institutions hold shares in OptiNose Inc (OPTN), with institutional investors hold 81.83% of the company’s shares. The shares outstanding are 150.78M, and float is at 117.78M with Short Float at 5.91%. Institutions hold 76.95% of the Float.
The top institutional shareholder in the company is FMR LLC with over 16.02 million shares valued at $16.66 million. The investor’s holdings represent 14.2309 of the OPTN Shares outstanding. As of 2024-06-30, the second largest holder is MVM PARTNERS, LLC with 14.61 million shares valued at $15.04 million to account for 12.9715 of the shares outstanding. The other top investors are GREAT POINT PARTNERS LLC which holds 13.73 million shares representing 12.1916 and valued at over $14.28 million, while NANTAHALA CAPITAL MANAGEMENT, LLC holds 11.9177 of the shares totaling 13.42 million with a market value of $14.43 million.
OptiNose Inc (OPTN) Insider Activity
The most recent transaction is an insider sale by Krick Anthony J, the company’s Chief Accounting Officer. SEC filings show that Krick Anthony J sold 6,845 shares of the company’s common stock on Jul 17 ’24 at a price of $1.14 per share for a total of $7803.0. Following the sale, the insider now owns 0.14 million shares.
OptiNose Inc disclosed in a document filed with the SEC on Jul 17 ’24 that Marino Michael F III (Chief Legal Officer & Corp Sec) sold a total of 49,408 shares of the company’s common stock. The trade occurred on Jul 17 ’24 and was made at $1.14 per share for $56325.0. Following the transaction, the insider now directly holds 0.55 million shares of the OPTN stock.
Still, SEC filings show that on Jul 17 ’24, Mahmoud Ramy A (Chief Executive Officer) disposed off 111,426 shares at an average price of $1.14 for $0.13 million. The insider now directly holds 1,206,978 shares of OptiNose Inc (OPTN).
