Ardelyx Inc (NASDAQ: ARDX) is -37.52% lower on its value in year-to-date trading and has touched a low of $3.21 and a high of $8.06 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 $3.63 in the last trading session, with the day’s gains setting it 1.96%.
Currently trading at $5.59M, the stock is -1.31% and -9.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.96 million and changing 4957322% at the moment leaves the stock -28.27% off its SMA200. ARDX registered -27.42% loss for a year compared to 6-month loss of -20.17%. The firm has a 50-day simple moving average (SMA 50) of $4.0867 and a 200-day simple moving average (SMA200) of $5.1301.
The stock witnessed a -7.07% gain in the last 1 month and extending the period to 3 months gives it a -29.90%, and is 0.55% 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 1.55% over the week and 3.29% over the month.
Ardelyx Inc (ARDX) has around 395 employees, a market worth around $880.46M and $361.71M in sales. Fwd P/E is 35.97. Profit margin for the company is -14.86%. Distance from 52-week low is 14.64% and -54.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-17.95%).
The EPS is expected to shrink by -126.84% this year.
Ardelyx Inc (ARDX) Top Institutional Holders
288.0 institutions hold shares in Ardelyx Inc (ARDX), with institutional investors hold 71.82% of the company’s shares. The shares outstanding are 239.20M, and float is at 230.69M with Short Float at 12.59%. Institutions hold 70.11% 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 5.8216% 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 purchase by MOTT DAVID M, the company’s Director. SEC filings show that MOTT DAVID M bought 200,000 shares of the company’s common stock on Jun 16 ’25 at a price of $3.63 per share for a total of $0.73 million. Following the purchase, the insider now owns 2.9 million shares.
Ardelyx Inc disclosed in a document filed with the SEC on Jun 09 ’25 that MOTT DAVID M (Director) bought a total of 200,000 shares of the company’s common stock. The trade occurred on Jun 09 ’25 and was made at $3.69 per share for $0.74 million. Following the transaction, the insider now directly holds 2.7 million shares of the ARDX stock.
Still, SEC filings show that on May 20 ’25, Williams Laura A (Chief Medical Officer) disposed off 6,421 shares at an average price of $4.08 for $26207.0. The insider now directly holds 402,583 shares of Ardelyx Inc (ARDX).
