Personalis Inc (NASDAQ: PSNL) is 182.38% higher on its value in year-to-date trading and has touched a low of $0.89 and a high of $7.20 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 PSNL stock was last observed hovering at around $5.52 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $5.93, the stock is 5.27% and 38.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing 7.43% at the moment leaves the stock 173.28% off its SMA200. PSNL registered 356.15% gain for a year compared to 6-month gain of 292.72%.
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The stock witnessed a 4.22% loss in the last 1 month and extending the period to 3 months gives it a 382.11%, and is 3.49% 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 9.23% over the week and 10.61% over the month.
Personalis Inc (PSNL) has around 225 employees, a market worth around $315.48M and $80.03M in sales. Profit margin for the company is -101.78%. Distance from 52-week low is 565.84% and -17.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-54.48%).
Personalis Inc quarterly earnings per share for the current quarter are estimated at -0.35 with sales reaching $21.32M over the same period.The EPS is expected to grow by 45.48% this year, but quarterly earnings will post 8.70% year-over-year. Quarterly sales are estimated to grow 16.80% in year-over-year returns.
96.0 institutions hold shares in Personalis Inc (PSNL), with institutional investors hold 79.99% of the company’s shares. The shares outstanding are 50.48M, and float is at 31.66M with Short Float at 7.17%. Institutions hold 60.71% of the Float.
The top institutional shareholder in the company is ARK INVESTMENT MANAGEMENT LLC with over 6.36 million shares valued at $7.44 million. The investor’s holdings represent 12.5534 of the PSNL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.29 million shares valued at $3.85 million to account for 6.4961 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.9 million shares representing 3.7573 and valued at over $2.23 million, while ACADIAN ASSET MANAGEMENT LLC holds 2.0876 of the shares totaling 1.06 million with a market value of $1.24 million.
Personalis Inc (PSNL) Insider Activity
The most recent transaction is an insider purchase by Tempus AI, Inc., the company’s 10% Owner. SEC filings show that Tempus AI, Inc. bought 3,500,000 shares of the company’s common stock on Aug 16 ’24 at a price of $5.07 per share for a total of $17.75 million. Following the purchase, the insider now owns 12.72 million shares.
Personalis Inc disclosed in a document filed with the SEC on Jul 30 ’24 that Chen Richard (CHIEF MEDICAL OFFICER AND EVP) sold a total of 524 shares of the company’s common stock. The trade occurred on Jul 30 ’24 and was made at $2.97 per share for $1556.0. Following the transaction, the insider now directly holds 0.13 million shares of the PSNL stock.
Still, SEC filings show that on Jul 30 ’24, Tachibana Aaron (CFO AND COO) disposed off 742 shares at an average price of $2.97 for $2204.0. The insider now directly holds 175,270 shares of Personalis Inc (PSNL).
