Prothena Corporation plc (NASDAQ: PRTA) is -46.93% lower on its value in year-to-date trading and has touched a low of $8.00 and a high of $25.42 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 PRTA stock was last observed hovering at around $8.08 in the last trading session, with the day’s loss setting it -0.73%.
Currently trading at $7.35, the stock is -21.65% and -37.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.15 million and changing -9.03% at the moment leaves the stock -54.01% off its SMA200. PRTA registered -66.65% loss for a year compared to 6-month loss of -56.76%.
The stock witnessed a -32.32% gain in the last 1 month and extending the period to 3 months gives it a -49.28%, and is -24.15% 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 11.34% over the week and 8.29% over the month.
Prothena Corporation plc (PRTA) has around 163 employees, a market worth around $395.63M and $135.16M in sales. Profit margin for the company is -90.49%. Distance from 52-week low is -8.13% and -71.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.70%).
The EPS is expected to shrink by -54.33% this year.
Prothena Corporation plc (PRTA) Top Institutional Holders
The shares outstanding are 53.83M, and float is at 47.13M with Short Float at 16.81%.
The top institutional shareholder in the company is ECOR1 CAPITAL, LLC with over 11.58 million shares valued at $239.1 million. The investor’s holdings represent 21.5453% of the PRTA Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 8.07 million shares valued at $166.48 million to account for 15.0012 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 4.24 million shares representing 7.881% and valued at over $87.46 million, while BLACKROCK INC. holds 7.1737 of the shares totaling 3.86 million with a market value of $79.61 million.
Prothena Corporation plc (PRTA) Insider Activity
The most recent transaction is an insider sale by EcoR1 Capital, LLC, the company’s 10% Owner. SEC filings show that EcoR1 Capital, LLC sold 3,317,938 shares of the company’s common stock on May 02 ’25 at a price of $8.36 per share for a total of $27.74 million. Following the sale, the insider now owns 8.27 million shares.
Prothena Corporation plc disclosed in a document filed with the SEC on May 06 ’25 that EcoR1 Capital, LLC (10% Owner) sold a total of 1,984,053 shares of the company’s common stock. The trade occurred on May 06 ’25 and was made at $7.64 per share for $15.16 million. Following the transaction, the insider now directly holds 5.3 million shares of the PRTA stock.
Still, SEC filings show that on May 05 ’25, EcoR1 Capital, LLC (10% Owner) disposed off 977,693 shares at an average price of $8.11 for $7.93 million. The insider now directly holds 7,288,649 shares of Prothena Corporation plc (PRTA).
