Home Insider News Insider Selling: Ultragenyx Pharmaceutical Inc. SVP, Controller, PAO Sells 4,000 Shares...

Insider Selling: Ultragenyx Pharmaceutical Inc. [RARE] SVP, Controller, PAO Sells 4,000 Shares Worth $562,600

On Jan. 07, Huizenga Theodore Alan divested U.S. $562,600 in shares of Ultragenyx Pharmaceutical Inc.. The SVP, Controller, PAO sold 4,000 shares at a price per share of $140.65. The transaction decreased this specific insider’s holdings to 15,716 shares worth around $2.37 million at present.

Wedbush took its Ultragenyx Pharmaceutical Inc. [RARE] rating to the equivalent of a Neutral from an Outperform, and the price target to $110 from $105, in a research note dated December 07, 2020. That figure represents around a -36.9% premium from where the company’s shares closed on Friday. Other analysts also revised their coverage, with Wedbush’s analysts downgrading the shares from “an Outperform” rating to “a Neutral” rating in a research note to investors issued in early December. In addition, there was a downgrade from BofA Securities on November 12, 2020. The rater changed RARE from “a Buy” to “a Neutral”.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Is Ultragenyx Pharmaceutical Inc. [NASDAQ:RARE] a Good Buy Right Now?

It should be noted that RARE technical indicators for short, intermediate as well as long term progress have placed an overall average of 72% as Buy. The average signal changed from 80% Buy in the last week and compares with 100% Buy in the past month. Data from Ultragenyx Pharmaceutical Inc.’s Trend Spotter indicated that the signals were Weakest. The stock current average is 0.65 million shares in the past 20 days and the short term average signal indicates a 50% Buy. In the last 50 days, the average trading volume was 0.56 million shares while the medium term average advocated for 100% Buy. The average long-term signal stands at 100% Buy and the 100-day average volume stands at 0.45 million shares.

RARE Price Performance

On Wall Street, Ultragenyx Pharmaceutical Inc. [NASDAQ:RARE] finished Friday’s session up 3.57% at $150.59. The stock went up to $153.155 at the same session while its lowest single day price was $145.41. In the last five days, it saw a rise of about 8.78%, Ultragenyx Pharmaceutical Inc. shares gained by almost 8.78% since the beginning of the year. However, the share price has dropped to as low as -16.17% below its one year high. On 01/08/21, the company shares recorded $153.15, the highest single-day price it has got to in the last 52-weeks and a 52-week low was seen on 01/06/21, the same year at $131.84. The company’s shares have inclined by 244.36% in the past year. The 50-day SMA achieved is $131.01 while the 200-day SMA is $89.74. Volume gained to 0.92 million from 0.65 million in the previous session.

RARE Stock Support And Resistance Levels

On the 24-hour scale, the immediate backing is perceived around 146.28 level, and in case of violation of this particular level, it will cause more drop to 141.97 level. On the upper level, 157.46 is still the key resistance. The stock may increase to the subsequent resistance at 154.03. The Relative Strength Index (RSI) pinned on the 14-day chart is 55.34, implying a neutral technical stance while the MACD stands at -10.06, meaning price will decrease in the next trading period. Percent R indicator moved to 60.78%, implying low price movement. Stochastic %K at 26.47% suggest holding the stock.

What is the short interest in Ultragenyx Pharmaceutical Inc.?

Short interest in the Ultragenyx Pharmaceutical Inc. stock has surged, increasing by 0.54 million shares to total 6.3 million shares on Dec 14, 2020. The interest had seen shares on Nov 12, 2020 stand at 6.84 million, data from Yahoo Finance shows. The decrease of -8.57% suggests the stock saw some decreased bullish sentiment. The stock’s days to cover (short ratio) moved to while the shorted shares account for just 12.69% of the overall float for the stock.

Ultragenyx Pharmaceutical Inc.’s Biggest Shareholders: Who Owns Ultragenyx Pharmaceutical Inc. [RARE]?

Filings by T. Rowe Price Associates, Inc. showed that the firm now holds a total of 8,348,729 shares or roughly 12.62% of the outstanding RARE shares. This means their shares have increased by 682,112 from the 8,348,729 the investor reportedly held in its prior 13-F filing. With the conclusion of the purchase, Capital Research & Management Co updated stake is worth $804,183,421. Details in the latest 13F filings reveal that Capital Research & Management Co acquired their 1.85% stake valued at $734,704,874 while The Vanguard Group, Inc. added theirs at $614,571,578. During the last quarter, Capital Research & Management Co raised 112,817 of its shares in Ultragenyx Pharmaceutical Inc. while The Vanguard Group, Inc. bought 221,826 shares. The BlackRock Fund Advisors’s holdings currently number 4,149,333 shares at $624848056.47. According to the firm’s last 13F report, Federated Global Investment Manag shares in the company at filing stood at 3,997,800 shares, roughly $473,899,212.

RARE Earnings Forecast For The Current Quarter

Ultragenyx Pharmaceutical Inc. [RARE] is expected to report strong earnings results for the quarter ending on Dec 2020. Consensus estimates give the company expected revenues of $67.68M and an earnings per share of -$1.15 for Dec 2020. Looking further ahead, the company is expected to report revenue of $70.25M at an EPS of -$1.07 for Mar 2021. The estimates represent upside of 37.00% and -7.80% in the company’s revenue and earnings per share, respectively, on a year-on-year basis.

RARE Earnings Estimates For The Current Year

For the financial year, Ultragenyx Pharmaceutical Inc. [NASDAQ:RARE] is expected to bring in revenue of $249.95M. The returns are nearly $146.24 million higher than the company’s actual revenue recorded in the fiscal year 2019. In terms of EPS for the 2020, estimate put it at -3.86, higher than that of FY19 by $3.26. Estimates put this year’s earnings growth at 45.80%, -6.50% for the next, and at an annual 17.20% over the next 5-year period. As for sales, forecasts are for an increase of 141.00% in the current fiscal year and a further 37.00% over the following year.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

What are analyst thoughts on Ultragenyx Pharmaceutical Inc.?

Looking forward to the Ultragenyx Pharmaceutical Inc. share price prediction, we can see that analysts, surveyed by FactSet, offer the mean price target for Ultragenyx Pharmaceutical Inc. stock at $123.00 within the next 12 months, which represents almost -22.43 per cent growth from its previous closing price of $150.59. The highest analysts’ target for Ultragenyx Pharmaceutical Inc. stock projections is $185.00 and the lowest one is $64.00. Still, 16 analysts sharing their consensus rating for RARE stock in 2021 agree that it is an Overweight.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

CureVac Inc. (CVAC) stock soar during pre-market trading. Here’s what you should know?

CureVac Inc. (NASDAQ: CVAC) stock declined by 38.99% at the last close while the CVAC stock price gains by 11.34% in the pre-market trading...

Why Iconix Brand Group Inc (ICON) stock turnaround in the after-hours on Thursday?

Iconix Brand Group Inc (ICON) shares started the Thursday, June 17, 2021, trading be losing 1.87% and close the normal trading session at $3.14...

ISun Inc. (ISUN) stock surged during current market trading. Here’s the update

ISun Inc. (NASDAQ: ISUN) stock gained by 19.51% in the current market trading. iSun, based in Burlington, Vermont, is a company built on ideals...

The Trade Desk Inc. (TTD) stock plunged during pre-market. Here’s to know why?

The Trade Desk Inc. (NASDAQ: TTD) stock gained by 0.76% at last close whereas the TTD stock price declines by 90.03% in the pre-market...

Synaptogenix Inc. (SNPX) stock soars during after-hour trading. Why so?

Synaptogenix Inc. (NASDAQ: SNPX) stock gained by 6.33% at last close while the SNPX stock price rises further by 13.48% in the after-hours trading...

CureVac Inc. (CVAC) stock soar during pre-market trading. Here’s what you should know?

CureVac Inc. (NASDAQ: CVAC) stock declined by 38.99% at the last close while the CVAC stock price gains by 11.34% in the pre-market trading...

Anpac Bio-Medical Science Inc. (ANPC) stock soars during pre-market trading. Here’s the update

Anpac Bio-Medical Science Inc. (NASDAQ: ANPC) stock gained by 0.46% at last close while the ANPC stock price surged by 22.40% in the pre-market...

VivoPower International Inc. (VVPR) stock soars during pre-market trading. What’s driving it high?

VivoPower International Inc. (NASDAQ: VVPR) stock gained by 1.13% at last close while the VVPR stock price surged during pre-market trading by 1.54%. VivoPower...

Related News

The Aqua Metals (AQMS) Stock Is An Pre-Market Upsurge of 13% For What Reason?

The metal recycling firm Aqua Metals, Inc. (NASDAQ: AQMS) is on an uptick today in premarket session. As of 09:08 a.m. EST, the stock...

Insider Selling Report: Nu Skin Enterprises Inc. [NUS]’s Pres, Napierski Ryan S, Sells 4,844 Shares

On Jan. 07, Napierski Ryan S divested U.S. $286,038 in shares of Nu Skin Enterprises Inc.. The Pres sold 4,844 shares at a price...

Insider Alert: Harmonic Inc. [HLIT]’s SVP, Video R, D, Haltmayer Neven, Makes A $117,240 Sell

On Jan. 06, Haltmayer Neven divested U.S. $117,240 in shares of Harmonic Inc.. The SVP, Video R, D sold 15,632 shares at a price...

ACM Research Inc. [ACMR] Sees 2,000 Share Insider Sell From Dir Liu Tracy

On Jan. 06, Liu Tracy divested U.S. $200,000 in shares of ACM Research Inc.. The Dir sold 2,000 shares at a price per share...

Insider Selling: MasTec Inc. [MTZ] CFO Sells 30,027 Shares Worth $2,404,436

On Jan. 07, Pita George divested U.S. $2,404,436 in shares of MasTec Inc.. The CFO sold 30,027 shares at a price per share of...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam