Humacyte Inc (NASDAQ: HUMA) is 70.42% higher on its value in year-to-date trading and has touched a low of $2.25 and a high of $9.97 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 HUMA stock was last observed hovering at around $5.34 in the last trading session, with the day’s loss setting it -0.5%.
Currently trading at $4.84, the stock is -9.64% and -10.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.9 million and changing -9.36% at the moment leaves the stock -9.91% off its SMA200. HUMA registered 102.51% gain for a year compared to 6-month loss of -24.61%. The firm has a 50-day simple moving average (SMA 50) of $5.4417 and a 200-day simple moving average (SMA200) of $5.3646.
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The stock witnessed a -16.70% gain in the last 1 month and extending the period to 3 months gives it a -25.31%, and is -7.98% 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 10.80% over the week and 9.21% over the month.
Humacyte Inc (HUMA) has around 183 employees, a market worth around $609.16M and $0.00M in sales. Distance from 52-week low is 115.11% and -51.45% from its 52-week high.
The EPS is expected to shrink by -22.03% this year
185.0 institutions hold shares in Humacyte Inc (HUMA), with institutional investors hold 37.33% of the company’s shares. The shares outstanding are 103.67M, and float is at 97.86M with Short Float at 17.63%. Institutions hold 26.98% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.14 million shares valued at $34.27 million. The investor’s holdings represent 6.5961 of the HUMA Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.73 million shares valued at $22.7 million to account for 4.3693 of the shares outstanding. The other top investors are STATE STREET CORP which holds 2.87 million shares representing 2.6501 and valued at over $13.77 million, while GEODE CAPITAL MANAGEMENT, LLC holds 1.7193 of the shares totaling 1.86 million with a market value of $8.93 million.
Humacyte Inc (HUMA) Insider Activity
The most recent transaction is an insider sale by Sebelius Kathleen, the company’s Director. SEC filings show that Sebelius Kathleen sold 5,182 shares of the company’s common stock on Sep 10 ’24 at a price of $5.40 per share for a total of $28004.0. Following the sale, the insider now owns 40276.0 shares.
Humacyte Inc disclosed in a document filed with the SEC on Sep 10 ’24 that Dougan Brady W (Director) sold a total of 288,674 shares of the company’s common stock. The trade occurred on Sep 10 ’24 and was made at $5.23 per share for $1.51 million. Following the transaction, the insider now directly holds 3.23 million shares of the HUMA stock.
Still, SEC filings show that on Sep 09 ’24, Dougan Brady W (Director) disposed off 157,704 shares at an average price of $5.42 for $0.85 million. The insider now directly holds 3,519,558 shares of Humacyte Inc (HUMA).
