Biohaven Ltd (NYSE: BHVN) is -3.11% lower on its value in year-to-date trading and has touched a low of $26.80 and a high of $62.21 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 BHVN stock was last observed hovering at around $35.57 in the last trading session, with the day’s gains setting it 0.62%.
Currently trading at $36.19, the stock is -2.94% and -15.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing 1.74% at the moment leaves the stock -12.86% off its SMA200. BHVN registered -20.18% loss for a year compared to 6-month gain of -4.61%. The firm has a 50-day simple moving average (SMA 50) of $43.2206 and a 200-day simple moving average (SMA200) of $41.62485.
The stock witnessed a -9.89% loss in the last 1 month and extending the period to 3 months gives it a -31.42%, and is -8.40% 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 7.66% over the week and 6.77% over the month.
Biohaven Ltd (BHVN) has around 239 employees, a market worth around $3.66B and $0.00M in sales. Distance from 52-week low is 35.04% and -41.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-235.66%).
The EPS is expected to shrink by -57.00% this year
354.0 institutions hold shares in Biohaven Ltd (BHVN), with institutional investors hold 98.33% of the company’s shares. The shares outstanding are 94.90M, and float is at 88.58M with Short Float at 8.75%. Institutions hold 87.36% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.27 million shares valued at $252.41 million. The investor’s holdings represent 8.9114 of the BHVN Shares outstanding. As of 2024-06-30, the second largest holder is STIFEL FINANCIAL CORP with 6.48 million shares valued at $224.94 million to account for 7.9417 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 6.17 million shares representing 7.5608 and valued at over $214.15 million, while JANUS HENDERSON GROUP PLC holds 7.2281 of the shares totaling 5.9 million with a market value of $204.72 million.
Biohaven Ltd (BHVN) Insider Activity
The most recent transaction is an insider purchase by CHILDS JOHN W, the company’s Director. SEC filings show that CHILDS JOHN W bought 29,000 shares of the company’s common stock on Dec 30 ’24 at a price of $35.94 per share for a total of $1.04 million. Following the purchase, the insider now owns 2.37 million shares.
Biohaven Ltd disclosed in a document filed with the SEC on Oct 02 ’24 that CHILDS JOHN W (Director) bought a total of 21,052 shares of the company’s common stock. The trade occurred on Oct 02 ’24 and was made at $47.50 per share for $1.0 million. Following the transaction, the insider now directly holds 21052.0 shares of the BHVN stock.
Still, SEC filings show that on Oct 02 ’24, Coric Vlad (Chief Executive Officer) acquired 21,052 shares at an average price of $47.50 for $1.0 million. The insider now directly holds 861,942 shares of Biohaven Ltd (BHVN).
