FibroGen, Inc (FGEN) VP Sells $165,000.00 in Stock
FibroGen, Inc (NASDAQ:FGEN) VP Pat Cotroneo sold 5,500 shares of FibroGen stock in a transaction on Monday, June 19th. The stock was sold at an average price of $30.00, for a total transaction of $165,000.00. Following the transaction, the vice president now owns 168,866 shares in the company, valued at approximately $5,065,980. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Pat Cotroneo also recently made the following trade(s):
- On Thursday, June 22nd, Pat Cotroneo sold 3,000 shares of FibroGen stock. The stock was sold at an average price of $32.00, for a total transaction of $96,000.00.
- On Monday, June 12th, Pat Cotroneo sold 2,891 shares of FibroGen stock. The stock was sold at an average price of $28.75, for a total transaction of $83,116.25.
- On Tuesday, April 25th, Pat Cotroneo sold 6,500 shares of FibroGen stock. The stock was sold at an average price of $28.00, for a total transaction of $182,000.00.
Shares of FibroGen, Inc (NASDAQ:FGEN) traded up 0.47% during trading on Monday, hitting $32.40. 337,126 shares of the stock were exchanged. FibroGen, Inc has a 52 week low of $14.50 and a 52 week high of $33.40. The firm’s market capitalization is $2.27 billion. The stock’s 50 day moving average price is $27.99 and its 200 day moving average price is $25.07.
FibroGen (NASDAQ:FGEN) last released its earnings results on Tuesday, May 9th. The biopharmaceutical company reported ($0.52) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.63) by $0.11. FibroGen had a negative net margin of 37.60% and a negative return on equity of 36.41%. The company had revenue of $26.89 million for the quarter, compared to analyst estimates of $26.02 million. On average, equities analysts predict that FibroGen, Inc will post ($1.81) earnings per share for the current year.
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Several institutional investors have recently added to or reduced their stakes in FGEN. Capital Impact Advisors LLC raised its position in FibroGen by 8.7% in the first quarter. Capital Impact Advisors LLC now owns 46,710 shares of the biopharmaceutical company’s stock valued at $1,151,000 after buying an additional 3,727 shares in the last quarter. Fox Run Management L.L.C. acquired a new position in FibroGen during the first quarter valued at approximately $574,000. Woodstock Corp raised its position in FibroGen by 42.9% in the first quarter. Woodstock Corp now owns 28,415 shares of the biopharmaceutical company’s stock valued at $700,000 after buying an additional 8,526 shares in the last quarter. Teachers Advisors LLC raised its position in FibroGen by 3.7% in the fourth quarter. Teachers Advisors LLC now owns 461,901 shares of the biopharmaceutical company’s stock valued at $9,885,000 after buying an additional 16,544 shares in the last quarter. Finally, Norges Bank acquired a new position in FibroGen during the fourth quarter valued at approximately $8,480,000. 43.85% of the stock is currently owned by institutional investors.
A number of equities analysts have recently commented on the stock. William Blair reiterated an “outperform” rating on shares of FibroGen in a report on Monday. BidaskClub upgraded shares of FibroGen from a “buy” rating to a “strong-buy” rating in a report on Saturday. Stifel Nicolaus reiterated a “buy” rating and set a $38.00 price target (up previously from $32.00) on shares of FibroGen in a report on Thursday. Finally, Zacks Investment Research lowered shares of FibroGen from a “hold” rating to a “sell” rating in a report on Monday, May 8th. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $38.75.
FibroGen Company Profile
FibroGen, Inc is a science-based biopharmaceutical company. The Company is engaged in the discovery, development and commercialization of therapeutics to treat serious unmet medical needs. Its lead product candidate is roxadustat (FG-4592). It is also engaged in developing products, such as FG-6874, FG-3019 and FG-5200.
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