BeiGene, Ltd. (NASDAQ:BGNE) CMO Jane Huang sold 1,600 shares of BeiGene stock in a transaction on Monday, November 20th. The stock was sold at an average price of $86.25, for a total transaction of $138,000.00. Following the sale, the chief marketing officer now directly owns 264,900 shares of the company’s stock, valued at approximately $22,847,625. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Jane Huang also recently made the following trade(s):

  • On Thursday, November 16th, Jane Huang sold 600 shares of BeiGene stock. The shares were sold at an average price of $85.00, for a total transaction of $51,000.00.

Shares of BeiGene, Ltd. (NASDAQ:BGNE) opened at $84.87 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 9.27 and a current ratio of 9.33. BeiGene, Ltd. has a fifty-two week low of $26.43 and a fifty-two week high of $118.95.

BeiGene (NASDAQ:BGNE) last released its quarterly earnings results on Monday, November 13th. The company reported $2.54 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $2.31. The company had revenue of $220.21 million during the quarter, compared to the consensus estimate of $1.55 million. During the same period in the prior year, the company earned ($1.08) earnings per share. equities research analysts forecast that BeiGene, Ltd. will post -3.09 EPS for the current year.

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Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Quantbot Technologies LP bought a new position in BeiGene in the 3rd quarter valued at approximately $160,000. Teachers Retirement System of The State of Kentucky bought a new position in shares of BeiGene during the third quarter valued at $248,000. SG Americas Securities LLC bought a new position in BeiGene during the second quarter worth $111,000. Aperio Group LLC bought a new position in BeiGene during the third quarter worth $301,000. Finally, Jane Street Group LLC bought a new position in BeiGene during the third quarter worth $339,000. Institutional investors and hedge funds own 57.07% of the company’s stock.

Several brokerages have recently issued reports on BGNE. Morgan Stanley reissued an “overweight” rating and issued a $95.00 price target (up previously from $87.00) on shares of BeiGene in a report on Friday, October 6th. Zacks Investment Research raised shares of BeiGene from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Tuesday, October 3rd. Maxim Group reaffirmed a “buy” rating and issued a $120.00 target price (up from $77.00) on shares of BeiGene in a research note on Thursday, September 28th. Cowen and Company reaffirmed a “buy” rating on shares of BeiGene in a research note on Tuesday, November 14th. Finally, Robert W. Baird reaffirmed a “neutral” rating and issued a $83.00 target price (up from $58.00) on shares of BeiGene in a research note on Tuesday, November 14th. One analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $96.67.

BeiGene Company Profile

BeiGene, Ltd. is a clinical-stage biopharmaceutical company. The Company is focused in the discovery and development of molecularly targeted and immuno-oncology drugs for the treatment of cancer. The Company had used its cancer biology platform to develop four clinical-stage drug candidates, such as BGB-3111, BGB-A317, BGB-290 and BGB-283, as of December 31, 2016.

Insider Buying and Selling by Quarter for BeiGene (NASDAQ:BGNE)

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