Biohaven Ltd (NYSE: BHVN) is -5.56% lower on its value in year-to-date trading and has touched a low of $16.45 and a high of $62.21 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 BHVN stock was last observed hovering at around $39.40 in the last trading session, with the day’s gains setting it 1.02%.
Currently trading at $40.42, the stock is 4.28% and 5.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 2.59% at the moment leaves the stock -3.50% off its SMA200. BHVN registered 123.69% gain for a year compared to 6-month loss of -31.91%.
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The stock witnessed a -1.41% gain in the last 1 month and extending the period to 3 months gives it a 20.87%, and is 13.06% 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 4.58% over the week and 4.23% over the month.
Biohaven Ltd (BHVN) has around 239 employees, a market worth around $3.82B and $0.00M in sales. Distance from 52-week low is 145.71% and -35.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-182.13%).
The EPS is expected to shrink by -57.28% this year
314.0 institutions hold shares in Biohaven Ltd (BHVN), with institutional investors hold 101.42% of the company’s shares. The shares outstanding are 94.54M, and float is at 82.39M with Short Float at 12.40%. Institutions hold 89.25% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.27 million shares valued at $252.41 million. The investor’s holdings represent 8.9114 of the BHVN Shares outstanding. As of 2024-06-30, the second largest holder is STIFEL FINANCIAL CORP with 6.48 million shares valued at $224.94 million to account for 7.9417 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 6.17 million shares representing 7.5608 and valued at over $214.15 million, while JANUS HENDERSON GROUP PLC holds 7.2281 of the shares totaling 5.9 million with a market value of $204.72 million.
Biohaven Ltd (BHVN) Insider Activity
The most recent transaction is an insider purchase by CHILDS JOHN W, the company’s Director. SEC filings show that CHILDS JOHN W bought 28,400 shares of the company’s common stock on Jul 18 ’24 at a price of $35.67 per share for a total of $1.01 million. Following the purchase, the insider now owns 2.34 million shares.
Biohaven Ltd disclosed in a document filed with the SEC on Jun 17 ’24 that Car Bruce (Chief Scientific Officer) bought a total of 30,000 shares of the company’s common stock. The trade occurred on Jun 17 ’24 and was made at $33.58 per share for $1.01 million. Following the transaction, the insider now directly holds 30000.0 shares of the BHVN stock.
Still, SEC filings show that on May 30 ’24, CHILDS JOHN W (Director) acquired 28,000 shares at an average price of $35.58 for $1.0 million. The insider now directly holds 2,311,341 shares of Biohaven Ltd (BHVN).
