Revolution Medicines Inc (NASDAQ: RVMD) is -10.65% lower on its value in year-to-date trading and has touched a low of $29.00 and a high of $62.40 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 RVMD stock was last observed hovering at around $40.50 in the last trading session, with the day’s loss setting it -1.42%.
Currently trading at $39.08, the stock is -6.68% and -7.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.14 million and changing -3.51% at the moment leaves the stock -12.42% off its SMA200. RVMD registered 28.64% gain for a year compared to 6-month loss of -11.30%.
The stock witnessed a -4.50% gain in the last 1 month and extending the period to 3 months gives it a -31.14%, and is -7.52% 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 4.51% over the week and 3.62% over the month.
Revolution Medicines Inc (RVMD) has around 378 employees, a market worth around $7.13B and $0.74M in sales. Profit margin for the company is -76423.32%. Distance from 52-week low is 34.76% and -37.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-34.48%).
The EPS is expected to shrink by -25.31% 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.
The shares outstanding are 167.75M, and float is at 158.39M with Short Float at 9.42%.
The top institutional shareholder in the company is FARALLON CAPITAL MANAGEMENT LLC with over 9.76 million shares valued at $378.7 million. The investor’s holdings represent 5.9087 of the RVMD Shares outstanding. As of 2024-06-30, the second largest holder is BAKER BROS. ADVISORS LP with 7.57 million shares valued at $293.76 million to account for 4.5834 of the shares outstanding. The other top investors are NEXTECH INVEST LTD. which holds 6.3 million shares representing 3.8129 and valued at over $244.38 million, while BVF INC/IL holds 3.6219 of the shares totaling 5.98 million with a market value of $232.13 million.
Revolution Medicines Inc (RVMD) Insider Activity
The most recent transaction is an insider sale by Cislini Jeff, the company’s General Counsel. SEC filings show that Cislini Jeff sold 2,406 shares of the company’s common stock on Jan 21 ’25 at a price of $40.50 per share for a total of $97443.0. Following the sale, the insider now owns 39222.0 shares.
Still, SEC filings show that on Dec 16 ’24, Horn Margaret A (Chief Operating Officer) disposed off 4,329 shares at an average price of $45.40 for $0.2 million. The insider now directly holds 127,991 shares of Revolution Medicines Inc (RVMD).
