Ardelyx Inc (NASDAQ: ARDX) is -8.48% lower on its value in year-to-date trading and has touched a low of $4.02 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 $4.57 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $4.64, the stock is -3.94% and -11.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.8 million and changing 1.53% at the moment leaves the stock -16.47% off its SMA200. ARDX registered -34.28% loss for a year compared to 6-month loss of -23.18%. The firm has a 50-day simple moving average (SMA 50) of $5.2192 and a 200-day simple moving average (SMA200) of $5.554725.
The stock witnessed a -14.39% gain in the last 1 month and extending the period to 3 months gives it a -17.44%, and is 7.16% up 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 8.15% over the week and 6.60% over the month.
Ardelyx Inc (ARDX) has around 395 employees, a market worth around $1.11B and $333.62M in sales. Fwd P/E is 18.17. Profit margin for the company is -11.73%. Distance from 52-week low is 15.42% and -50.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.04%).
with sales reaching $79.5M over the same period.The EPS is expected to shrink by -35.53% this year, but quarterly earnings will post 12.50% year-over-year. Quarterly sales are estimated to grow 72.74% in year-over-year returns.
Ardelyx Inc (ARDX) Top Institutional Holders
280.0 institutions hold shares in Ardelyx Inc (ARDX), with institutional investors hold 65.99% of the company’s shares. The shares outstanding are 238.02M, and float is at 230.59M with Short Float at 13.29%. Institutions hold 64.56% 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
The most recent transaction is an insider sale by RAAB MICHAEL, the company’s President & CEO. SEC filings show that RAAB MICHAEL sold 41,666 shares of the company’s common stock on Apr 04 ’25 at a price of $4.59 per share for a total of $0.19 million. Following the sale, the insider now owns 1.62 million shares.
Still, SEC filings show that on Mar 07 ’25, RAAB MICHAEL (President & CEO) disposed off 41,668 shares at an average price of $5.36 for $0.22 million. The insider now directly holds 1,635,138 shares of Ardelyx Inc (ARDX).
