United Therapeutics Corp. COO Roger Jeffs Sells 10,000 Shares (UTHR)
United Therapeutics Corp. (NASDAQ:UTHR) COO Roger Jeffs sold 10,000 shares of United Therapeutics Corp. stock on the open market in a transaction dated Friday, January 17th. The stock was sold at an average price of $113.03, for a total value of $1,130,300.00. Following the sale, the chief operating officer now directly owns 897 shares of the company’s stock, valued at approximately $101,388. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
United Therapeutics Corp. (NASDAQ:UTHR) traded up 2.23% on Tuesday, hitting $113.39. 645,709 shares of the company’s stock traded hands. United Therapeutics Corp. has a 1-year low of $52.00 and a 1-year high of $116.65. The stock has a 50-day moving average of $101.3 and a 200-day moving average of $84.23. The company has a market cap of $5.695 billion and a price-to-earnings ratio of 20.16.
United Therapeutics Corp. (NASDAQ:UTHR) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $2.98 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.59 by $1.39. The company had revenue of $302.20 million for the quarter, compared to the consensus estimate of $279.02 million. During the same quarter last year, the company posted $2.82 earnings per share. United Therapeutics Corp.’s revenue was up 24.6% compared to the same quarter last year. Analysts expect that United Therapeutics Corp. will post $5.42 EPS for the current fiscal year.
A number of research firms have recently commented on UTHR. Analysts at Argus raised their price target on shares of United Therapeutics Corp. from $120.00 to $130.00 in a research note to investors on Tuesday, December 31st. They now have a “buy” rating on the stock. They noted that the move was a valuation call. Separately, analysts at Jefferies Group raised their price target on shares of United Therapeutics Corp. from $76.00 to $91.00 in a research note to investors on Tuesday, December 24th. They now have a “hold” rating on the stock. Finally, analysts at Ladenburg Thalmann upgraded shares of United Therapeutics Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 23rd. They now have a $138.00 price target on the stock. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $88.21.
United Therapeutics Corporation is a biotechnology company focused on the development and commercialization of products to address the unmet medical needs of patients with chronic and life-threatening conditions.
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