Vera Therapeutics Inc (NASDAQ: VERA) is -21.09% lower on its value in year-to-date trading and has touched a low of $14.20 and a high of $51.61 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 VERA stock was last observed hovering at around $32.78 in the last trading session, with the day’s gains setting it 0.59%.
Currently trading at $33.37, the stock is -16.24% and -24.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing 1.80% at the moment leaves the stock -17.57% off its SMA200. VERA registered 113.09% gain for a year compared to 6-month gain of -4.16%. The firm has a 50-day simple moving average (SMA 50) of $44.3898 and a 200-day simple moving average (SMA200) of $40.48245.
The stock witnessed a -24.09% loss in the last 1 month and extending the period to 3 months gives it a -16.55%, and is -9.86% 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 7.78% over the week and 5.79% over the month.
Vera Therapeutics Inc (VERA) has around 51 employees, a market worth around $2.11B and $0.00M in sales. Distance from 52-week low is 135.00% and -35.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-39.28%).
The EPS is expected to shrink by -25.62% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
Vera Therapeutics Inc (VERA) Top Institutional Holders
262.0 institutions hold shares in Vera Therapeutics Inc (VERA), with institutional investors hold 101.70% of the company’s shares. The shares outstanding are 55.03M, and float is at 48.99M with Short Float at 14.60%. Institutions hold 94.70% of the Float.
The top institutional shareholder in the company is AVORO CAPITAL ADVISORS LLC with over 4.31 million shares valued at $155.92 million. The investor’s holdings represent 8.4548% of the VERA Shares outstanding. As of 2024-06-30, the second largest holder is PRICE T ROWE ASSOCIATES INC /MD/ with 3.62 million shares valued at $130.98 million to account for 7.1022 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.34 million shares representing 6.5481% and valued at over $120.76 million, while FMR LLC holds 5.497 of the shares totaling 2.8 million with a market value of $101.37 million.
Vera Therapeutics Inc (VERA) Insider Activity
The most recent transaction is an insider sale by Fordyce Marshall, the company’s PRESIDENT AND CEO. SEC filings show that Fordyce Marshall sold 17,500 shares of the company’s common stock on Jan 08 ’25 at a price of $41.74 per share for a total of $0.73 million. Following the sale, the insider now owns 0.14 million shares.
Still, SEC filings show that on Dec 18 ’24, Fordyce Marshall (PRESIDENT AND CEO) disposed off 17,500 shares at an average price of $43.07 for $0.75 million. The insider now directly holds 85,942 shares of Vera Therapeutics Inc (VERA).
