Kalvista Pharmaceuticals Inc (NASDAQ:KALV) insider Edward P. Feener sold 4,000 shares of the company’s stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $24.92, for a total value of $99,680.00. Following the completion of the transaction, the insider now directly owns 100,950 shares in the company, valued at approximately $2,515,674. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
NASDAQ KALV opened at $25.50 on Friday. Kalvista Pharmaceuticals Inc has a 1 year low of $7.73 and a 1 year high of $34.92.
Kalvista Pharmaceuticals (NASDAQ:KALV) last posted its quarterly earnings results on Thursday, March 14th. The specialty pharmaceutical company reported ($0.23) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.45) by $0.22. The company had revenue of $3.89 million for the quarter, compared to analysts’ expectations of $3.97 million. Kalvista Pharmaceuticals had a negative return on equity of 19.12% and a negative net margin of 70.08%. Research analysts anticipate that Kalvista Pharmaceuticals Inc will post -1.43 EPS for the current year.
Several research analysts have issued reports on KALV shares. Needham & Company LLC started coverage on Kalvista Pharmaceuticals in a report on Wednesday, March 20th. They issued a “buy” rating and a $35.00 price target on the stock. Zacks Investment Research raised Kalvista Pharmaceuticals from a “hold” rating to a “strong-buy” rating and set a $26.00 price target on the stock in a report on Saturday, March 2nd. BidaskClub cut Kalvista Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Thursday, January 17th. Finally, ValuEngine raised Kalvista Pharmaceuticals from a “hold” rating to a “buy” rating in a report on Monday, February 4th. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Kalvista Pharmaceuticals currently has a consensus rating of “Buy” and a consensus target price of $28.60.
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About Kalvista Pharmaceuticals
KalVista Pharmaceuticals, Inc, a clinical stage pharmaceutical company, discovers, develops, and commercializes small molecule protease inhibitors. The company's product portfolio comprises small molecule plasma kallikrein inhibitors targeting hereditary angioedema (HAE) and diabetic macular edema (DME); and oral plasma kallikrein inhibitors.
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