GoodRx Holdings Inc (NASDAQ: GDRX) is 5.67% higher on its value in year-to-date trading and has touched a low of $4.14 and a high of $9.26 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 GDRX stock was last observed hovering at around $7.35 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $7.08, the stock is -9.86% and -11.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing -3.67% at the moment leaves the stock -1.88% off its SMA200. GDRX registered 22.28% gain for a year compared to 6-month gain of 4.12%.
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The stock witnessed a -7.09% loss in the last 1 month and extending the period to 3 months gives it a -9.23%, and is -8.29% 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 3.75% over the week and 4.44% over the month.
GoodRx Holdings Inc (GDRX) has around 694 employees, a market worth around $2.69B and $775.09M in sales. Fwd P/E is 16.09. Profit margin for the company is -7.57%. Distance from 52-week low is 71.22% and -23.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.30%).
The EPS is expected to grow by 24.07% this year
219.0 institutions hold shares in GoodRx Holdings Inc (GDRX), with institutional investors hold 72.49% of the company’s shares. The shares outstanding are 92.36M, and float is at 81.22M with Short Float at 11.11%. Institutions hold 63.49% of the Float.
The top institutional shareholder in the company is FRANCISCO PARTNERS MANAGEMENT, LP with over 70.08 million shares valued at $546.61 million. The investor’s holdings represent 17.9666 of the GDRX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 8.13 million shares valued at $63.43 million to account for 2.0849 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 5.18 million shares representing 1.3287 and valued at over $40.42 million, while MILLENNIUM MANAGEMENT LLC holds 1.0568 of the shares totaling 4.12 million with a market value of $32.15 million.
GoodRx Holdings Inc (GDRX) Insider Activity
The most recent transaction is an insider sale by Spectrum Equity VII, L.P., the company’s 10% Owner. SEC filings show that Spectrum Equity VII, L.P. sold 10,677 shares of the company’s common stock on Sep 03 ’24 at a price of $7.86 per share for a total of $83922.0. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Sep 03 ’24, Spectrum VII Co-Investment Fun (Affiliate) Proposed Sale 3,849 shares at an average price of $7.86 for $30253.0. The insider now directly holds shares of GoodRx Holdings Inc (GDRX).
