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New Big Money Means Vaxcyte Inc (PCVX) Investors Could Reap Benefit

Vaxcyte Inc (NASDAQ: PCVX) is 78.50% higher on its value in year-to-date trading and has touched a low of $44.20 and a high of $119.27 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 PCVX stock was last observed hovering at around $109.15 in the last trading session, with the day’s gains setting it 2.95%.

Currently trading at $112.10, the stock is 38.14% and 39.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.11 million and changing 2.70% at the moment leaves the stock 61.23% off its SMA200. PCVX registered 119.80% gain for a year compared to 6-month gain of 57.44%.

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The stock witnessed a 51.63% loss in the last 1 month and extending the period to 3 months gives it a 52.64%, and is 42.93% 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 5.89% over the week and 3.72% over the month.

Vaxcyte Inc (PCVX) has around 254 employees, a market worth around $12.51B and $0.00M in sales. Distance from 52-week low is 153.62% and -6.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.80%).

The EPS is expected to shrink by -4.84% this year

376.0 institutions hold shares in Vaxcyte Inc (PCVX), with institutional investors hold 113.07% of the company’s shares. The shares outstanding are 111.61M, and float is at 106.86M with Short Float at 10.52%. Institutions hold 112.41% of the Float.

The top institutional shareholder in the company is FMR LLC with over 16.17 million shares valued at $1.22 billion. The investor’s holdings represent 13.788 of the PCVX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.94 million shares valued at $750.56 million to account for 8.477 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 9.8 million shares representing 8.3552 and valued at over $739.77 million, while JANUS HENDERSON GROUP PLC holds 7.5637 of the shares totaling 8.87 million with a market value of $669.72 million.

Vaxcyte Inc (PCVX) Insider Activity

The most recent transaction is an insider sale by Wassil Jim, the company’s CHIEF OPERATING OFFICER. SEC filings show that Wassil Jim sold 10,000 shares of the company’s common stock on Sep 03 ’24 at a price of $111.93 per share for a total of $1.12 million. Following the sale, the insider now owns 0.21 million shares.

Vaxcyte Inc disclosed in a document filed with the SEC on Sep 03 ’24 that Cowan Elvia (SVP, FINANCE) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Sep 03 ’24 and was made at $107.67 per share for $0.54 million. Following the transaction, the insider now directly holds 12723.0 shares of the PCVX stock.

Still, SEC filings show that on Sep 03 ’24, Eydelman Mikhail (SVP, GEN COUNSEL & CORP SEC) disposed off 1,667 shares at an average price of $112.11 for $0.19 million. The insider now directly holds 30,826 shares of Vaxcyte Inc (PCVX).

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