Insider Selling: William Lis Sells 30,000 Shares of Portola Pharmaceuticals Stock (PTLA)
Portola Pharmaceuticals (NASDAQ:PTLA) CEO William Lis sold 30,000 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $30.41, for a total value of $912,300.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Portola Pharmaceuticals (NASDAQ:PTLA) traded down 0.91% during mid-day trading on Thursday, hitting $30.61. 117,246 shares of the company’s stock traded hands. Portola Pharmaceuticals has a one year low of $19.59 and a one year high of $31.48. The stock’s 50-day moving average is $25. and its 200-day moving average is $25.42. The company’s market cap is $1.259 billion.
Portola Pharmaceuticals (NASDAQ:PTLA) last released its earnings data on Monday, May 12th. The company reported ($0.75) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.72) by $0.03. The company had revenue of $2.40 million for the quarter, compared to the consensus estimate of $1.81 million. During the same quarter in the previous year, the company posted ($12.94) earnings per share. The company’s revenue for the quarter was down 23.8% on a year-over-year basis. On average, analysts predict that Portola Pharmaceuticals will post $-3.44 earnings per share for the current fiscal year.
Portola Pharmaceuticals, Inc is a biopharmaceutical company focused on the development and commercialization of therapeutics in the areas of thrombosis, other hematologic disorders and inflammation for patients who has limited or no approved treatment options.
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