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These Numbers Show Favorable Signs for Zentalis Pharmaceuticals Inc (ZNTL)

Zentalis Pharmaceuticals Inc (NASDAQ: ZNTL) is -77.76% lower on its value in year-to-date trading and has touched a low of $2.83 and a high of $21.34 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 ZNTL stock was last observed hovering at around $3.20 in the last trading session, with the day’s gains setting it 0.17%.

Currently trading at $3.37, the stock is -7.03% and -3.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing 5.31% at the moment leaves the stock -64.84% off its SMA200. ZNTL registered -83.07% loss for a year compared to 6-month loss of -77.65%. The firm has a 50-day simple moving average (SMA 50) of $3.4709 and a 200-day simple moving average (SMA200) of $9.532975.

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The stock witnessed a 4.01% gain in the last 1 month and extending the period to 3 months gives it a -19.38%, and is -10.13% 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 7.38% over the week and 9.55% over the month.

Zentalis Pharmaceuticals Inc (ZNTL) has around 168 employees, a market worth around $239.64M and $40.56M in sales. Profit margin for the company is -479.92%. Distance from 52-week low is 19.08% and -84.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-45.92%).

The EPS is expected to grow by 32.96% this year.

Zentalis Pharmaceuticals Inc (ZNTL) Top Institutional Holders

206.0 institutions hold shares in Zentalis Pharmaceuticals Inc (ZNTL), with institutional investors hold 112.05% of the company’s shares. The shares outstanding are 70.77M, and float is at 61.38M with Short Float at 19.06%. Institutions hold 108.16% of the Float.

The top institutional shareholder in the company is MATRIX CAPITAL MANAGEMENT COMPANY, LP with over 13.96 million shares valued at $57.1 million. The investor’s holdings represent 19.6902% of the ZNTL Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 8.68 million shares valued at $35.49 million to account for 12.2383 of the shares outstanding. The other top investors are EVENTIDE ASSET MANAGEMENT, LLC which holds 8.55 million shares representing 12.0566% and valued at over $34.96 million, while VANGUARD GROUP INC holds 7.9759 of the shares totaling 5.65 million with a market value of $23.13 million.

Zentalis Pharmaceuticals Inc (ZNTL) Insider Activity

The most recent transaction is an insider sale by Vultaggio Vincent, the company’s Principal Accounting Officer. SEC filings show that Vultaggio Vincent sold 1,603 shares of the company’s common stock on Oct 04 ’24 at a price of $3.18 per share for a total of $5098.0. Following the sale, the insider now owns 33855.0 shares.

Zentalis Pharmaceuticals Inc disclosed in a document filed with the SEC on May 31 ’24 that Gallagher Cam (President, Interim CFO) sold a total of 9,597 shares of the company’s common stock. The trade occurred on May 31 ’24 and was made at $11.98 per share for $0.11 million. Following the transaction, the insider now directly holds 0.63 million shares of the ZNTL stock.

Still, SEC filings show that on May 09 ’24, HAUSMAN DIANA (Chief Medical Officer) disposed off 3,356 shares at an average price of $12.62 for $42353.0. The insider now directly holds 373,876 shares of Zentalis Pharmaceuticals Inc (ZNTL).

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