Insider Selling: Isis Pharmaceuticals Inc Unloads 1,750 Shares of Regulus Therapeutics Stock (RGLS)
Regulus Therapeutics (NASDAQ:RGLS) Director Isis Pharmaceuticals Inc sold 1,750 shares of the company’s stock on the open market in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $6.42, for a total transaction of $11,235.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on RGLS. Analysts at Zacks upgraded shares of Regulus Therapeutics from an “underperform” rating to a “neutral” rating in a research note on Tuesday, June 17th. They now have a $7.80 price target on the stock. Finally, analysts at Brinson Patrick initiated coverage on shares of Regulus Therapeutics in a research note on Tuesday, May 13th. They set an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $14.76.
Shares of Regulus Therapeutics (NASDAQ:RGLS) traded down 2.97% during mid-day trading on Friday, hitting $6.20. 64,548 shares of the company’s stock traded hands. Regulus Therapeutics has a 1-year low of $5.40 and a 1-year high of $11.88. The stock’s 50-day moving average is $7.22 and its 200-day moving average is $8.01. The company’s market cap is $268.8 million.
Regulus Therapeutics (NASDAQ:RGLS) last announced its earnings results on Thursday, May 8th. The company reported ($0.30) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.14) by $0.16. On average, analysts predict that Regulus Therapeutics will post $-0.84 earnings per share for the current fiscal year.
Regulus Therapeutics Inc, is a biopharmaceutical company focused on discovering and developing microRNAs to treat a range of diseases.
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