Viatris Inc (NASDAQ: VTRS) is 9.14% higher on its value in year-to-date trading and has touched a low of $8.74 and a high of $13.62 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 VTRS stock was last observed hovering at around $11.81 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $11.82, the stock is 1.26% and 1.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.44 million and changing 0.08% at the moment leaves the stock 3.90% off its SMA200. VTRS registered 20.98% gain for a year compared to 6-month loss of 0.51%.
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The stock witnessed a 1.37% gain in the last 1 month and extending the period to 3 months gives it a 16.91%, and is 5.82% 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 2.75% over the week and 2.26% over the month.
Viatris Inc (VTRS) has around 38000 employees, a market worth around $14.11B and $15.19B in sales. Fwd P/E is 4.34. Profit margin for the company is -4.25%. Distance from 52-week low is 35.24% and -13.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.88%).
The EPS is expected to shrink by -8.60% this year.
Viatris Inc (VTRS) Top Institutional Holders
1368.0 institutions hold shares in Viatris Inc (VTRS), with institutional investors hold 84.67% of the company’s shares. The shares outstanding are 1.20B, and float is at 1.17B with Short Float at 3.39%. Institutions hold 84.40% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 140.32 million shares valued at $1.49 billion. The investor’s holdings represent 11.7406% of the VTRS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 92.67 million shares valued at $985.06 million to account for 7.7533 of the shares outstanding. The other top investors are STATE STREET CORP which holds 62.11 million shares representing 5.1967% and valued at over $660.23 million, while DAVIS SELECTED ADVISERS holds 4.8305 of the shares totaling 57.54 million with a market value of $611.61 million.
Viatris Inc (VTRS) Insider Activity
The most recent transaction is an insider sale by Malik Rajiv, the company’s Director. SEC filings show that Malik Rajiv sold 139,681 shares of the company’s common stock on Sep 12 ’24 at a price of $11.66 per share for a total of $1.63 million. Following the sale, the insider now owns 0.51 million shares.
Viatris Inc disclosed in a document filed with the SEC on Sep 12 ’24 that Malik Rajiv (Director) sold a total of 60,319 shares of the company’s common stock. The trade occurred on Sep 12 ’24 and was made at $11.71 per share for $0.71 million. Following the transaction, the insider now directly holds 0.0 shares of the VTRS stock.
Still, SEC filings show that on Aug 30 ’24, Malik Rajiv (Director) disposed off 50,000 shares at an average price of $12.00 for $0.6 million. The insider now directly holds 60,319 shares of Viatris Inc (VTRS).
