Alexion Pharmaceuticals CFO Vikas Sinha Sells 1,525 Shares (ALXN)
Alexion Pharmaceuticals (NASDAQ:ALXN) CFO Vikas Sinha sold 1,525 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $157.82, for a total transaction of $240,675.50. Following the transaction, the chief financial officer now directly owns 162,770 shares of the company’s stock, valued at approximately $25,688,361. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Alexion Pharmaceuticals (NASDAQ:ALXN) traded down 1.52% on Tuesday, hitting $156.46. The stock had a trading volume of 1,300,759 shares. Alexion Pharmaceuticals has a one year low of $100.89 and a one year high of $185.43. The stock has a 50-day moving average of $161.9 and a 200-day moving average of $161.1. The company has a market cap of $30.950 billion and a price-to-earnings ratio of 79.63.
Alexion Pharmaceuticals (NASDAQ:ALXN) last issued its quarterly earnings data on Thursday, July 24th. The company reported $1.12 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.07 by $0.05. The company had revenue of $512.50 million for the quarter, compared to the consensus estimate of $509.54 million. During the same quarter in the prior year, the company posted $0.73 earnings per share. The company’s quarterly revenue was up 38.5% on a year-over-year basis. Analysts expect that Alexion Pharmaceuticals will post $5.01 EPS for the current fiscal year.
A number of analysts have recently weighed in on ALXN shares. Analysts at Nomura reiterated a “buy” rating on shares of Alexion Pharmaceuticals in a research note on Friday, July 25th. They now have a $224.00 price target on the stock, up previously from $222.00. Separately, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Alexion Pharmaceuticals in a research note on Friday, July 25th. They now have a $222.00 price target on the stock, up previously from $220.00. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Alexion Pharmaceuticals in a research note on Friday, July 25th. They now have a $220.00 price target on the stock, up previously from $210.00. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $183.00.
Alexion Pharmaceuticals, Inc (NASDAQ:ALXN) is a biopharmaceutical company focused on serving patients with severe and ultra-rare disorders through the development and commercialization of life-transforming therapeutic products.
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