Heron Therapeutics Inc (HRTX) VP Kimberly Manhard Sells 7,584 Shares
Heron Therapeutics Inc (NASDAQ:HRTX) VP Kimberly Manhard sold 7,584 shares of the business’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $20.00, for a total value of $151,680.00. Following the completion of the transaction, the vice president now directly owns 7,584 shares of the company’s stock, valued at approximately $151,680. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Shares of Heron Therapeutics Inc (NASDAQ HRTX) opened at $21.40 on Monday. Heron Therapeutics Inc has a 52-week low of $12.25 and a 52-week high of $22.00. The company has a market cap of $1,382.44, a PE ratio of -5.65 and a beta of 2.13. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.02 and a current ratio of 2.12.
Heron Therapeutics (NASDAQ:HRTX) last released its quarterly earnings results on Monday, November 6th. The biotechnology company reported ($0.77) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.87) by $0.10. The firm had revenue of $8.57 million during the quarter, compared to analyst estimates of $8.12 million. Heron Therapeutics had a negative net margin of 831.89% and a negative return on equity of 385.11%. sell-side analysts expect that Heron Therapeutics Inc will post -3.38 earnings per share for the current fiscal year.
Institutional investors have recently added to or reduced their stakes in the stock. Legal & General Group Plc increased its holdings in Heron Therapeutics by 26.6% in the 2nd quarter. Legal & General Group Plc now owns 11,354 shares of the biotechnology company’s stock worth $157,000 after acquiring an additional 2,383 shares in the last quarter. Quantbot Technologies LP increased its holdings in Heron Therapeutics by 2,619.6% in the 2nd quarter. Quantbot Technologies LP now owns 12,483 shares of the biotechnology company’s stock worth $172,000 after acquiring an additional 12,024 shares in the last quarter. Trexquant Investment LP purchased a new stake in Heron Therapeutics in the 3rd quarter worth approximately $206,000. Jane Street Group LLC purchased a new stake in Heron Therapeutics in the 3rd quarter worth approximately $223,000. Finally, HighTower Advisors LLC increased its holdings in Heron Therapeutics by 11.4% in the 2nd quarter. HighTower Advisors LLC now owns 16,584 shares of the biotechnology company’s stock worth $231,000 after acquiring an additional 1,700 shares in the last quarter. 98.21% of the stock is owned by institutional investors.
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Heron Therapeutics Company Profile
Heron Therapeutics, Inc is a biotechnology company engaged in developing pharmaceutical products for patients suffering from cancer or pain. The Company’s product candidates include SUSTOL, HTX-019 and HTX-011. All of its product candidates utilize science and technology platforms, including its Biochronomer drug delivery technology.
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