Ardelyx Inc (NASDAQ: ARDX) is 4.93% higher on its value in year-to-date trading and has touched a low of $4.32 and a high of $9.33 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 ARDX stock was last observed hovering at around $5.42 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $5.32, the stock is -1.12% and -1.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.42 million and changing -1.85% at the moment leaves the stock -6.98% off its SMA200. ARDX registered -33.75% loss for a year compared to 6-month loss of -15.69%. The firm has a 50-day simple moving average (SMA 50) of $5.412 and a 200-day simple moving average (SMA200) of $5.719375.
The stock witnessed a -8.12% gain in the last 1 month and extending the period to 3 months gives it a 1.53%, and is -5.34% 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 4.42% over the week and 5.96% over the month.
Ardelyx Inc (ARDX) has around 395 employees, a market worth around $1.27B and $333.62M in sales. Fwd P/E is 21.33. Profit margin for the company is -11.73%. Distance from 52-week low is 23.15% and -42.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.04%).
The EPS is expected to shrink by -37.08% this year.
Ardelyx Inc (ARDX) Top Institutional Holders
275.0 institutions hold shares in Ardelyx Inc (ARDX), with institutional investors hold 65.81% of the company’s shares. The shares outstanding are 238.02M, and float is at 230.57M with Short Float at 12.93%. Institutions hold 64.38% of the Float.
The top institutional shareholder in the company is JANUS HENDERSON GROUP PLC with over 25.95 million shares valued at $192.14 million. The investor’s holdings represent 11.0625% of the ARDX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 17.55 million shares valued at $130.06 million to account for 7.5312 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 13.66 million shares representing 5.8592% and valued at over $101.19 million, while STATE STREET CORP holds 5.1008 of the shares totaling 11.97 million with a market value of $88.66 million.
Ardelyx Inc (ARDX) Insider Activity
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Ardelyx Inc disclosed in a document filed with the SEC on Mar 07 ’25 that RAAB MICHAEL (President & CEO) sold a total of 41,668 shares of the company’s common stock. The trade occurred on Mar 07 ’25 and was made at $5.36 per share for $0.22 million. Following the transaction, the insider now directly holds 1.64 million shares of the ARDX stock.
Still, SEC filings show that on Feb 24 ’25, MOTT DAVID M (Director) acquired 77,729 shares at an average price of $5.00 for $0.39 million. The insider now directly holds 2,015,494 shares of Ardelyx Inc (ARDX).
