Audentes Therapeutics Inc (NASDAQ:BOLD) Director Louis G. Lange sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of $36.00, for a total transaction of $720,000.00. Following the transaction, the director now owns 306,099 shares in the company, valued at $11,019,564. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of BOLD stock traded up $0.37 during mid-day trading on Friday, reaching $38.90. The stock had a trading volume of 281,685 shares, compared to its average volume of 457,581. The stock has a market cap of $1.66 billion, a P/E ratio of -11.44 and a beta of 1.96. Audentes Therapeutics Inc has a 12-month low of $17.95 and a 12-month high of $46.18.
Audentes Therapeutics (NASDAQ:BOLD) last posted its quarterly earnings data on Wednesday, February 27th. The biotechnology company reported ($0.84) EPS for the quarter, topping analysts’ consensus estimates of ($0.92) by $0.08. During the same period in the previous year, the firm posted ($0.82) EPS. Analysts forecast that Audentes Therapeutics Inc will post -3.8 EPS for the current year.
A number of institutional investors have recently bought and sold shares of the stock. Partner Fund Management L.P. increased its position in Audentes Therapeutics by 94.4% during the 4th quarter. Partner Fund Management L.P. now owns 3,021,259 shares of the biotechnology company’s stock worth $64,413,000 after purchasing an additional 1,467,120 shares in the last quarter. BlackRock Inc. grew its holdings in Audentes Therapeutics by 15.8% in the 4th quarter. BlackRock Inc. now owns 2,974,591 shares of the biotechnology company’s stock valued at $63,418,000 after buying an additional 406,605 shares during the period. Redmile Group LLC grew its holdings in Audentes Therapeutics by 0.7% in the 3rd quarter. Redmile Group LLC now owns 2,243,356 shares of the biotechnology company’s stock valued at $88,814,000 after buying an additional 14,700 shares during the period. Great Point Partners LLC purchased a new stake in Audentes Therapeutics in the 4th quarter valued at about $35,346,000. Finally, Vanguard Group Inc. grew its holdings in Audentes Therapeutics by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 1,342,931 shares of the biotechnology company’s stock valued at $53,166,000 after buying an additional 24,585 shares during the period.
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Audentes Therapeutics Company Profile
Audentes Therapeutics, Inc, a clinical stage biotechnology company, focuses on developing and commercializing gene therapy products for patients living with serious, life-threatening rare diseases caused by single gene defects. The company is developing AT132, which is in Phase I/II clinical studies for the treatment of X-linked myotubular myopathy (XLMTM); AT342 that is in Phase I/II clinical studies to treat crigler-najjar syndrome; AT845, which is in preclinical studies for the treatment of pompe disease; and AT307 to treat CASQ2 subtype of catecholaminergic polymorphic ventricular tachycardia.
See Also: Systematic Risk
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