Revolution Medicines Inc (NASDAQ: RVMD) is -12.00% lower on its value in year-to-date trading and has touched a low of $29.55 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 $38.75 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $38.49, the stock is -2.08% and -5.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing -0.67% at the moment leaves the stock -13.79% off its SMA200. RVMD registered 24.40% gain for a year compared to 6-month loss of -12.06%. The firm has a 50-day simple moving average (SMA 50) of $40.7818 and a 200-day simple moving average (SMA200) of $44.6484.
The stock witnessed a -9.09% gain in the last 1 month and extending the period to 3 months gives it a -13.91%, and is -1.38% 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 2.90% over the week and 4.49% over the month.
Revolution Medicines Inc (RVMD) has around 534 employees, a market worth around $7.16B and $0.00M in sales. Distance from 52-week low is 30.25% and -38.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-25.13%).
The EPS is expected to shrink by -26.56% 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.
388.0 institutions hold shares in Revolution Medicines Inc (RVMD), with institutional investors hold 108.61% of the company’s shares. The shares outstanding are 185.90M, and float is at 161.71M with Short Float at 9.79%. Institutions hold 106.38% of the Float.
The top institutional shareholder in the company is WELLINGTON MANAGEMENT GROUP LLP with over 13.66 million shares valued at $530.15 million. The investor’s holdings represent 8.2718 of the RVMD Shares outstanding. As of 2024-06-30, the second largest holder is FARALLON CAPITAL MANAGEMENT LLC with 9.76 million shares valued at $378.7 million to account for 5.9087 of the shares outstanding. The other top investors are BAKER BROS. ADVISORS LP which holds 7.57 million shares representing 4.5834 and valued at over $293.76 million, while NEXTECH INVEST LTD. holds 3.8129 of the shares totaling 6.3 million with a market value of $244.38 million.
Revolution Medicines Inc (RVMD) Insider Activity
Revolution Medicines Inc disclosed in a document filed with the SEC on Mar 17 ’25 that Cislini Jeff (General Counsel) sold a total of 1,458 shares of the company’s common stock. The trade occurred on Mar 17 ’25 and was made at $39.04 per share for $56921.0. Following the transaction, the insider now directly holds 59764.0 shares of the RVMD stock.
Still, SEC filings show that on Mar 17 ’25, GOLDSMITH MARK A disposed off 11,738 shares at an average price of $39.04 for $0.46 million. The insider now directly holds 441,564 shares of Revolution Medicines Inc (RVMD).
