Insider Selling: John Maxim Ferrari Sells 10,000 Shares of United Therapeutics Stock (UTHR)
United Therapeutics (NASDAQ:UTHR) CFO John Maxim Ferrari unloaded 10,000 shares of United Therapeutics stock in a transaction that occurred on Thursday, April 17th. The shares were sold at an average price of $96.20, for a total transaction of $962,000.00. Following the sale, the chief financial officer now directly owns 407 shares in the company, valued at approximately $39,153. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of United Therapeutics (NASDAQ:UTHR) traded down 2.06% on Friday, hitting $96.20. The stock had a trading volume of 815,235 shares. United Therapeutics has a 1-year low of $59.05 and a 1-year high of $116.65. The stock has a 50-day moving average of $96.52 and a 200-day moving average of $95.88. The company has a market cap of $4.856 billion and a price-to-earnings ratio of 29.95.
United Therapeutics (NASDAQ:UTHR) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $2.88 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.51 by $1.37. The company had revenue of $289.02 million for the quarter, compared to the consensus estimate of $295.43 million. Analysts expect that United Therapeutics will post $6.93 EPS for the current fiscal year.
UTHR has been the subject of a number of recent research reports. Analysts at Standpoint Research upgraded shares of United Therapeutics from a “hold” rating to a “buy” rating in a research note on Monday, April 7th. They now have a $118.00 price target on the stock. Separately, analysts at Zacks downgraded shares of United Therapeutics from an “outperform” rating to a “neutral” rating in a research note on Friday, April 4th. They now have a $98.00 price target on the stock. Finally, analysts at Wedbush raised their price target on shares of United Therapeutics from $114.00 to $119.00 in a research note on Wednesday, April 2nd. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $95.50.
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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