Personalis Inc (NASDAQ: PSNL) is 126.19% higher on its value in year-to-date trading and has touched a low of $1.00 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 $5.23 in the last trading session, with the day’s loss setting it -0.48%.
Currently trading at $4.75, the stock is -3.73% and -7.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -9.18% at the moment leaves the stock 67.54% off its SMA200. PSNL registered 343.93% gain for a year compared to 6-month gain of 232.17%. The firm has a 50-day simple moving average (SMA 50) of $5.1209 and a 200-day simple moving average (SMA200) of $2.81835.
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The stock witnessed a -2.46% loss in the last 1 month and extending the period to 3 months gives it a -6.31%, and is -14.87% 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 14.03% over the week and 8.45% over the month.
Personalis Inc (PSNL) has around 225 employees, a market worth around $335.58M and $87.49M in sales. Profit margin for the company is -104.52%. Distance from 52-week low is 375.00% and -34.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-45.10%).
The EPS is expected to grow by 36.59% this year
99.0 institutions hold shares in Personalis Inc (PSNL), with institutional investors hold 60.00% of the company’s shares. The shares outstanding are 50.48M, and float is at 41.86M with Short Float at 7.73%. Institutions hold 48.42% 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 sale by Hall Christopher M, the company’s PRESIDENT AND CEO. SEC filings show that Hall Christopher M sold 26,443 shares of the company’s common stock on Nov 01 ’24 at a price of $5.38 per share for a total of $0.14 million. Following the sale, the insider now owns 0.18 million shares.
Personalis Inc disclosed in a document filed with the SEC on Aug 16 ’24 that Tempus AI, Inc. (10% Owner) bought a total of 3,500,000 shares of the company’s common stock. The trade occurred on Aug 16 ’24 and was made at $5.07 per share for $17.75 million. Following the transaction, the insider now directly holds 12.72 million shares of the PSNL stock.
Still, SEC filings show that on Jul 30 ’24, Chen Richard (CHIEF MEDICAL OFFICER AND EVP) disposed off 524 shares at an average price of $2.97 for $1556.0. The insider now directly holds 127,227 shares of Personalis Inc (PSNL).
