Ardelyx Inc (NASDAQ: ARDX) is -5.52% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARDX stock was last observed hovering at around $4.91 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $4.79, the stock is -8.96% and -10.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.07 million and changing -2.44% at the moment leaves the stock -15.04% off its SMA200. ARDX registered -34.38% loss for a year compared to 6-month loss of -27.97%. The firm has a 50-day simple moving average (SMA 50) of $5.3806 and a 200-day simple moving average (SMA200) of $5.637925.
The stock witnessed a -5.71% gain in the last 1 month and extending the period to 3 months gives it a -8.06%, and is -7.71% 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 5.29% over the week and 5.15% over the month.
Ardelyx Inc (ARDX) has around 395 employees, a market worth around $1.14B and $333.62M in sales. Fwd P/E is 19.24. Profit margin for the company is -11.73%. Distance from 52-week low is 10.88% and -48.66% 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 -37.14% this year.
Ardelyx Inc (ARDX) Top Institutional Holders
277.0 institutions hold shares in Ardelyx Inc (ARDX), with institutional investors hold 65.91% of the company’s shares. The shares outstanding are 238.02M, and float is at 230.57M with Short Float at 13.17%. Institutions hold 64.47% 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 7.4828 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).
