Valeritas Holdings’ (NASDAQ:VLRX) lock-up period will expire on Tuesday, September 19th. Valeritas Holdings had issued 5,250,000 shares in its public offering on March 23rd. The total size of the offering was $52,500,000 based on an initial share price of $10.00. After the expiration of Valeritas Holdings’ lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

A number of equities research analysts recently weighed in on the stock. ValuEngine upgraded shares of Valeritas Holdings from a “strong sell” rating to a “sell” rating in a report on Friday, June 2nd. Wedbush assumed coverage on shares of Valeritas Holdings in a report on Monday, July 10th. They set an “outperform” rating and a $12.00 price objective for the company.

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Shares of Valeritas Holdings (NASDAQ VLRX) opened at 3.37 on Monday. The company’s market cap is $23.06 million. Valeritas Holdings has a one year low of $2.90 and a one year high of $50.00. The company’s 50-day moving average is $3.37 and its 200-day moving average is $3.43.

Valeritas Holdings (NASDAQ:VLRX) last released its earnings results on Friday, August 11th. The company reported ($1.83) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($1.87) by $0.04. The firm had revenue of $4.79 million for the quarter, compared to analysts’ expectations of $5.11 million. On average, equities analysts predict that Valeritas Holdings will post ($8.60) EPS for the current year.

A hedge fund recently bought a new stake in Valeritas Holdings stock. HighTower Advisors LLC bought a new position in shares of Valeritas Holdings, Inc. (NASDAQ:VLRX) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 27,400 shares of the company’s stock, valued at approximately $195,000. HighTower Advisors LLC owned 1.67% of Valeritas Holdings as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 6.01% of the company’s stock.

About Valeritas Holdings

Valeritas, Inc is a United States-based company, which is engaged in developing and commercializing treatment solutions that contribute to clinical outcomes for patients. The Company’s portfolio includes V-Go disposable insulin delivery device, which is distributed through retail pharmacy. Its V-Go delivers insulin at a continuous preset basal rate and bolus dosing for adults with Type 2 diabetes requiring insulin.

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