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New Big Money Means Lantheus Holdings Inc (LNTH) Investors Could Reap Benefit

Lantheus Holdings Inc (NASDAQ: LNTH) is 1.61% higher on its value in year-to-date trading and has touched a low of $53.47 and a high of $126.89 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 LNTH stock was last observed hovering at around $90.44 in the last trading session, with the day’s gains setting it 0.46%.

Currently trading at $90.90, the stock is -2.68% and -1.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing 0.51% at the moment leaves the stock -3.46% off its SMA200. LNTH registered 68.15% gain for a year compared to 6-month loss of -7.39%. The firm has a 50-day simple moving average (SMA 50) of $91.9157 and a 200-day simple moving average (SMA200) of $94.0258.

The stock witnessed a -3.11% gain in the last 1 month and extending the period to 3 months gives it a -21.26%, and is -2.04% 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 3.70% over the week and 4.22% over the month.

Lantheus Holdings Inc (LNTH) has around 834 employees, a market worth around $6.32B and $1.50B in sales. Current P/E ratio is 15.10 and Fwd P/E is 13.00. Profit margin for the company is 28.57%. Distance from 52-week low is 70.01% and -28.36% from its 52-week high. The company has generated returns on investments over the last 12 months (34.65%).

The EPS is expected to grow by 8.25% this year

658.0 institutions hold shares in Lantheus Holdings Inc (LNTH), with institutional investors hold 110.28% of the company’s shares. The shares outstanding are 70.85M, and float is at 67.64M with Short Float at 9.79%. Institutions hold 107.53% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 8.6 million shares valued at $690.17 million. The investor’s holdings represent 12.5019 of the LNTH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.57 million shares valued at $607.45 million to account for 11.0035 of the shares outstanding. The other top investors are JANUS HENDERSON GROUP PLC which holds 3.33 million shares representing 4.8454 and valued at over $267.49 million, while STATE STREET CORP holds 3.6221 of the shares totaling 2.49 million with a market value of $199.96 million.

Lantheus Holdings Inc (LNTH) Insider Activity

The most recent transaction is an insider sale by Thrall James H, the company’s Director. SEC filings show that Thrall James H sold 1,000 shares of the company’s common stock on Jan 15 ’25 at a price of $94.76 per share for a total of $94760.0. Following the sale, the insider now owns 33207.0 shares.

Still, SEC filings show that on Nov 15 ’24, Marshall Robert J. Jr. (CFO and Treasurer) disposed off 10,000 shares at an average price of $81.20 for $0.81 million. The insider now directly holds 102,963 shares of Lantheus Holdings Inc (LNTH).

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