Sarepta Therapeutics Inc (NASDAQ: SRPT) is 8.41% higher on its value in year-to-date trading and has touched a low of $78.67 and a high of $173.25 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 SRPT stock was last observed hovering at around $109.11 in the last trading session, with the day’s loss setting it -4.57%.
Currently trading at $104.54, the stock is -15.10% and -15.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing -4.19% at the moment leaves the stock -19.84% off its SMA200. SRPT registered 24.81% gain for a year compared to 6-month loss of -20.43%. The firm has a 50-day simple moving average (SMA 50) of $123.7194 and a 200-day simple moving average (SMA200) of $130.41965.
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The stock witnessed a -15.86% gain in the last 1 month and extending the period to 3 months gives it a -23.85%, and is -14.04% 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 4.38% over the week and 3.75% over the month.
Sarepta Therapeutics Inc (SRPT) has around 1314 employees, a market worth around $9.57B and $1.64B in sales. Current P/E ratio is 86.84 and Fwd P/E is 8.96. Profit margin for the company is 7.43%. Distance from 52-week low is 32.88% and -39.66% from its 52-week high. The company has generated returns on investments over the last 12 months (4.82%).
with sales reaching $582.13M over the same period.The EPS is expected to grow by 138.02% this year, but quarterly earnings will post 44.30% year-over-year. Quarterly sales are estimated to grow 46.71% in year-over-year returns.
Sarepta Therapeutics Inc (SRPT) Top Institutional Holders
653.0 institutions hold shares in Sarepta Therapeutics Inc (SRPT), with institutional investors hold 96.24% of the company’s shares. The shares outstanding are 93.73M, and float is at 89.86M with Short Float at 6.23%. Institutions hold 92.03% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.32 million shares valued at $1.63 billion. The investor’s holdings represent 10.9845% of the SRPT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.04 million shares valued at $1.43 billion to account for 9.6133 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 4.32 million shares representing 4.5971% and valued at over $682.69 million, while STATE STREET CORP holds 4.4066 of the shares totaling 4.14 million with a market value of $654.4 million.
Sarepta Therapeutics Inc (SRPT) Insider Activity
The most recent transaction is an insider sale by Estepan Ian Michael, the company’s Chief Financial Officer. SEC filings show that Estepan Ian Michael sold 5,985 shares of the company’s common stock on Aug 30 ’24 at a price of $137.36 per share for a total of $0.82 million. Following the sale, the insider now owns 33946.0 shares.
Still, SEC filings show that on Aug 16 ’24, Chambers Michael Andrew (Director) acquired 37,038 shares at an average price of $133.80 for $4.96 million. The insider now directly holds 284,034 shares of Sarepta Therapeutics Inc (SRPT).
