Insider Buying: OPKO Health (OPK) Director Acquires 10,000 Shares of Stock
OPKO Health (NASDAQ:OPK) Director Robert Scott Fishel bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, April 13th. The stock was bought at an average cost of $3.02 per share, for a total transaction of $30,200.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
NASDAQ:OPK opened at $3.02 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 0.98 and a debt-to-equity ratio of 0.02. The stock has a market cap of $1,672.83, a price-to-earnings ratio of -10.41 and a beta of 1.56. OPKO Health has a 52 week low of $2.66 and a 52 week high of $7.90.
OPKO Health (NASDAQ:OPK) last posted its quarterly earnings results on Thursday, March 1st. The biotechnology company reported ($0.12) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.04). The business had revenue of $193.70 million for the quarter, compared to the consensus estimate of $307.44 million. OPKO Health had a negative net margin of 28.93% and a negative return on equity of 7.87%. analysts predict that OPKO Health will post -0.48 earnings per share for the current fiscal year.
A number of large investors have recently bought and sold shares of the business. Xact Kapitalforvaltning AB bought a new stake in OPKO Health during the fourth quarter valued at about $179,000. Delek Group Ltd. bought a new stake in OPKO Health during the fourth quarter valued at about $382,000. Meitav Dash Investments Ltd. bought a new stake in OPKO Health during the fourth quarter valued at about $347,000. Belpointe Asset Management LLC raised its holdings in OPKO Health by 30.0% during the fourth quarter. Belpointe Asset Management LLC now owns 110,500 shares of the biotechnology company’s stock valued at $541,000 after acquiring an additional 25,500 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. raised its holdings in OPKO Health by 18.0% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 340,326 shares of the biotechnology company’s stock valued at $1,668,000 after acquiring an additional 51,890 shares during the period. 23.38% of the stock is currently owned by institutional investors and hedge funds.
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About OPKO Health
OPKO Health, Inc, a healthcare company, engages in the diagnostics and pharmaceuticals business in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally. The company's Diagnostics segment operates Bio-Reference Laboratories, a clinical laboratory that offers laboratory testing services in the detection, diagnosis, evaluation, monitoring, and treatment of diseases.
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