Sucampo Pharmaceuticals, Inc. (SCMP) Insider Jones W. Bryan Acquires 4,700 Shares of Stock
Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) insider Jones W. Bryan purchased 4,700 shares of Sucampo Pharmaceuticals stock in a transaction that occurred on Friday, August 4th. The stock was acquired at an average price of $10.60 per share, for a total transaction of $49,820.00. Following the transaction, the insider now directly owns 4,700 shares of the company’s stock, valued at approximately $49,820. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Sucampo Pharmaceuticals, Inc. (NASDAQ SCMP) opened at 10.45 on Tuesday. The company’s market cap is $482.73 million. The firm’s 50-day moving average is $10.58 and its 200-day moving average is $10.73. Sucampo Pharmaceuticals, Inc. has a 52-week low of $9.30 and a 52-week high of $17.55.
Sucampo Pharmaceuticals (NASDAQ:SCMP) last issued its earnings results on Wednesday, August 2nd. The biopharmaceutical company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.06. Sucampo Pharmaceuticals had a positive return on equity of 56.58% and a negative net margin of 61.99%. The business had revenue of $59.90 million during the quarter, compared to the consensus estimate of $56.44 million. During the same period last year, the company earned $0.24 EPS. The company’s revenue for the quarter was up 15.3% on a year-over-year basis. On average, equities research analysts anticipate that Sucampo Pharmaceuticals, Inc. will post $1.02 EPS for the current year.
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Several hedge funds have recently modified their holdings of the company. Louisiana State Employees Retirement System bought a new stake in shares of Sucampo Pharmaceuticals during the first quarter worth about $111,000. Karp Capital Management Corp bought a new stake in shares of Sucampo Pharmaceuticals during the first quarter worth about $119,000. First Citizens Bank & Trust Co. bought a new stake in shares of Sucampo Pharmaceuticals during the second quarter worth about $116,000. SG Americas Securities LLC increased its stake in shares of Sucampo Pharmaceuticals by 5.6% in the second quarter. SG Americas Securities LLC now owns 11,977 shares of the biopharmaceutical company’s stock worth $126,000 after buying an additional 631 shares during the period. Finally, Capstone Asset Management Co. bought a new stake in shares of Sucampo Pharmaceuticals during the first quarter worth about $133,000. 58.20% of the stock is owned by institutional investors and hedge funds.
Several equities research analysts recently weighed in on the stock. TheStreet cut shares of Sucampo Pharmaceuticals from a “c+” rating to a “d” rating in a research report on Wednesday, August 2nd. Maxim Group set a $23.00 price target on shares of Sucampo Pharmaceuticals and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. BidaskClub cut shares of Sucampo Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Saturday. Jefferies Group LLC reduced their price target on shares of Sucampo Pharmaceuticals from $13.00 to $11.00 and set a “hold” rating on the stock in a research report on Thursday, May 4th. Finally, Roth Capital set a $30.00 price target on shares of Sucampo Pharmaceuticals and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $17.63.
Sucampo Pharmaceuticals Company Profile
Sucampo Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of pharmaceutical products. Its primary focus areas are gastroenterology, ophthalmology and oncology-related disorders. Its product candidates include VTS-270, Lubiprostone (AMITIZA), Unoprostone is opropyl (RESCULA) and CPP-1X/sulindac combination product.
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