Celldex Therapeutics Inc. (NASDAQ: CLDX) is -25.16% lower on its value in year-to-date trading and has touched a low of $22.11 and a high of $53.18 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 CLDX stock was last observed hovering at around $30.09 in the last trading session, with the day’s loss setting it -0.41%.
Currently trading at $29.68, the stock is -16.93% and -19.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.58 million and changing -1.36% at the moment leaves the stock -23.17% off its SMA200. CLDX registered 4.95% gain for a year compared to 6-month gain of -27.38%. The firm has a 50-day simple moving average (SMA 50) of $36.6698 and a 200-day simple moving average (SMA200) of $38.62905.
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The stock witnessed a -28.72% loss in the last 1 month and extending the period to 3 months gives it a -25.43%, and is -3.76% 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 3.71% over the week and 8.14% over the month.
Celldex Therapeutics Inc. (CLDX) has around 160 employees, a market worth around $1.97B and $8.30M in sales. Profit margin for the company is -1809.40%. Distance from 52-week low is 34.24% and -44.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.44%).
The EPS is expected to grow by 16.47% this year
264.0 institutions hold shares in Celldex Therapeutics Inc. (CLDX), with institutional investors hold 107.36% of the company’s shares. The shares outstanding are 66.29M, and float is at 64.21M with Short Float at 12.94%. Institutions hold 107.04% of the Float.
The top institutional shareholder in the company is WELLINGTON MANAGEMENT GROUP LLP with over 8.08 million shares valued at $298.89 million. The investor’s holdings represent 13.718 of the CLDX Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 7.83 million shares valued at $289.76 million to account for 13.2988 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.69 million shares representing 7.9679 and valued at over $173.61 million, while VANGUARD GROUP INC holds 6.3512 of the shares totaling 3.74 million with a market value of $138.38 million.
Celldex Therapeutics Inc. (CLDX) Insider Activity
The most recent transaction is an insider sale by Martin Samuel Bates, the company’s SVP AND CFO. SEC filings show that Martin Samuel Bates sold 17,172 shares of the company’s common stock on Jun 14 ’24 at a price of $35.42 per share for a total of $0.61 million. Following the sale, the insider now owns 28125.0 shares.
Celldex Therapeutics Inc. disclosed in a document filed with the SEC on Jun 14 ’24 that Crowley Elizabeth (SR. VP & CPDO) sold a total of 30,000 shares of the company’s common stock. The trade occurred on Jun 14 ’24 and was made at $34.87 per share for $1.05 million. Following the transaction, the insider now directly holds 9074.0 shares of the CLDX stock.
Still, SEC filings show that on Jun 07 ’24, Crowley Elizabeth (SR. VP & CPDO) disposed off 15,000 shares at an average price of $35.06 for $0.53 million. The insider now directly holds 9,074 shares of Celldex Therapeutics Inc. (CLDX).
