BioCryst Pharmaceuticals, Inc. (BCRX) Insider Sells $91,767.50 in Stock

BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) insider Thomas R. Staab II sold 11,750 shares of the business’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $7.81, for a total transaction of $91,767.50. Following the completion of the sale, the insider now directly owns 137,176 shares in the company, valued at approximately $1,071,344.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

BCRX stock traded down $0.25 during midday trading on Friday, hitting $7.32. The stock had a trading volume of 38,685 shares, compared to its average volume of 879,568. The firm has a market cap of $814.09 million, a price-to-earnings ratio of -7.58 and a beta of 1.71. The company has a quick ratio of 1.76, a current ratio of 1.77 and a debt-to-equity ratio of 2.38. BioCryst Pharmaceuticals, Inc. has a 1-year low of $5.34 and a 1-year high of $9.95.

BioCryst Pharmaceuticals (NASDAQ:BCRX) last released its earnings results on Wednesday, May 8th. The biotechnology company reported ($0.28) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.28). The business had revenue of $5.89 million for the quarter, compared to analyst estimates of $2.92 million. BioCryst Pharmaceuticals had a negative net margin of 472.12% and a negative return on equity of 223.34%. Research analysts expect that BioCryst Pharmaceuticals, Inc. will post -1.2 earnings per share for the current year.

A number of hedge funds have recently added to or reduced their stakes in the stock. FMR LLC lifted its holdings in BioCryst Pharmaceuticals by 15.9% in the first quarter. FMR LLC now owns 3,467,998 shares of the biotechnology company’s stock valued at $28,229,000 after buying an additional 475,989 shares during the period. BlueMountain Capital Management LLC acquired a new position in shares of BioCryst Pharmaceuticals during the first quarter valued at about $72,000. Morgan Stanley raised its holdings in shares of BioCryst Pharmaceuticals by 99.7% during the first quarter. Morgan Stanley now owns 366,784 shares of the biotechnology company’s stock valued at $2,986,000 after purchasing an additional 183,081 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of BioCryst Pharmaceuticals by 148.3% during the first quarter. Goldman Sachs Group Inc. now owns 383,614 shares of the biotechnology company’s stock valued at $3,122,000 after purchasing an additional 229,103 shares during the period. Finally, Wellington Management Group LLP acquired a new position in shares of BioCryst Pharmaceuticals during the first quarter valued at about $285,000. Institutional investors and hedge funds own 91.75% of the company’s stock.

Several brokerages recently weighed in on BCRX. Zacks Investment Research raised shares of BioCryst Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Thursday, May 2nd. Barclays boosted their target price on shares of BioCryst Pharmaceuticals from $6.00 to $8.00 and gave the company an “equal weight” rating in a report on Tuesday, April 2nd. Finally, BidaskClub lowered shares of BioCryst Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Thursday, February 28th. Five equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. BioCryst Pharmaceuticals currently has an average rating of “Buy” and a consensus price target of $12.06.

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About BioCryst Pharmaceuticals

BioCryst Pharmaceuticals, Inc, a biotechnology company, discovers oral and small-molecule medicines. The company markets peramivir injection, an intravenous neuraminidase inhibitor, for the treatment of acute uncomplicated influenza under the RAPIVAB, ALPIVAB, RAPIACTA, and PERAMIFLU names; and Mundesine, an oral purine nucleoside phosphorylase inhibitor for peripheral T-cell lymphoma.

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Insider Buying and Selling by Quarter for BioCryst Pharmaceuticals (NASDAQ:BCRX)

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