SpringWorks Therapeutics Inc (NASDAQ: SWTX) is 61.22% higher on its value in year-to-date trading and has touched a low of $28.21 and a high of $62.00 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 SWTX stock was last observed hovering at around $59.93 in the last trading session, with the day’s loss setting it -1.68%.
Currently trading at $58.25, the stock is 25.47% and 42.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.53 million and changing -2.80% at the moment leaves the stock 52.94% off its SMA200. SWTX registered 19.32% gain for a year compared to 6-month loss of 52.17%.
The stock witnessed a 66.43% gain in the last 1 month and extending the period to 3 months gives it a 68.55%, and is -0.58% 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 4.45% over the week and 7.89% over the month.
SpringWorks Therapeutics Inc (SWTX) has around 368 employees, a market worth around $4.37B and $191.59M in sales. Profit margin for the company is -134.73%. Distance from 52-week low is 106.49% and -6.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-52.97%).
with sales reaching $66.93M over the same period.The EPS is expected to grow by 35.89% this year, but quarterly earnings will post 85.12% year-over-year. Quarterly sales are estimated to grow 218.64% in year-over-year returns.
SpringWorks Therapeutics Inc (SWTX) Top Institutional Holders
The shares outstanding are 74.40M, and float is at 65.87M with Short Float at 21.87%.
The top institutional shareholder in the company is FMR LLC with over 11.11 million shares valued at $418.6 million. The investor’s holdings represent 15.0638% of the SWTX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.54 million shares valued at $$246.53 million to account for 8.8715 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.62 million shares representing 7.6174% and valued at over $211.68 million, while DEEP TRACK CAPITAL, LP holds 4.9918 of the shares totaling 3.7 million with a market value of $139.38 million.
SpringWorks Therapeutics Inc (SWTX) Insider Activity
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SpringWorks Therapeutics Inc disclosed in a document filed with the SEC on Feb 14 ’25 that Islam Saqib (Chief Executive Officer) sold a total of 10,672 shares of the company’s common stock. The trade occurred on Feb 14 ’25 and was made at $59.92 per share for $0.64 million. Following the transaction, the insider now directly holds 1.06 million shares of the SWTX stock.
Still, SEC filings show that on Feb 14 ’25, LYNCH DANIEL (Director) disposed off 400 shares at an average price of $60.00 for $24000.0. The insider now directly holds 130,544 shares of SpringWorks Therapeutics Inc (SWTX).
