Arvinas Inc (NASDAQ: ARVN) is -0.37% lower on its value in year-to-date trading and has touched a low of $16.61 and a high of $53.08 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 ARVN stock was last observed hovering at around $19.59 in the last trading session, with the day’s loss setting it -0.49%.
Currently trading at $19.10, the stock is 5.24% and -5.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.84 million and changing -2.50% at the moment leaves the stock -25.47% off its SMA200. ARVN registered -58.75% loss for a year compared to 6-month loss of -24.15%. The firm has a 50-day simple moving average (SMA 50) of $20.3862 and a 200-day simple moving average (SMA200) of $25.70435.
The stock witnessed a -4.07% gain in the last 1 month and extending the period to 3 months gives it a -28.73%, and is 6.76% up 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 7.35% over the week and 6.26% over the month.
Arvinas Inc (ARVN) has around 445 employees, a market worth around $1.31B and $161.10M in sales. Profit margin for the company is -191.56%. Distance from 52-week low is 14.99% and -64.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-52.60%).
The EPS is expected to grow by 52.46% this year
303.0 institutions hold shares in Arvinas Inc (ARVN), with institutional investors hold 118.78% of the company’s shares. The shares outstanding are 68.70M, and float is at 59.53M with Short Float at 16.40%. Institutions hold 110.21% of the Float.
The top institutional shareholder in the company is ECOR1 CAPITAL, LLC with over 6.73 million shares valued at $179.06 million. The investor’s holdings represent 9.3553 of the ARVN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.67 million shares valued at $177.6 million to account for 9.2793 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 6.26 million shares representing 8.7049 and valued at over $166.61 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 5.5478 of the shares totaling 3.99 million with a market value of $106.19 million.
Arvinas Inc (ARVN) Insider Activity
The most recent transaction is an insider sale by Loomis David K, the company’s Chief Accounting Officer. SEC filings show that Loomis David K sold 231 shares of the company’s common stock on Nov 07 ’24 at a price of $27.69 per share for a total of $6396.0. Following the sale, the insider now owns 8040.0 shares.
Arvinas Inc disclosed in a document filed with the SEC on Feb 23 ’24 that Houston John G (President and CEO) sold a total of 5,196 shares of the company’s common stock. The trade occurred on Feb 23 ’24 and was made at $47.05 per share for $0.24 million. Following the transaction, the insider now directly holds 1.04 million shares of the ARVN stock.
Still, SEC filings show that on Feb 23 ’24, Cassidy Sean A (Chief Financial Officer) disposed off 1,702 shares at an average price of $47.05 for $80079.0. The insider now directly holds 181,916 shares of Arvinas Inc (ARVN).
