Karyopharm Therapeutics major shareholder Unloads $313,936 in Stock (KPTI)
Karyopharm Therapeutics (NASDAQ:KPTI) major shareholder Marcin Czernik sold 8,027 shares of Karyopharm Therapeutics stock on the open market in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $39.11, for a total value of $313,935.97. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Karyopharm Therapeutics (NASDAQ:KPTI) traded down 1.62% on Monday, hitting $38.18. 88,647 shares of the company’s stock traded hands. Karyopharm Therapeutics has a 1-year low of $15.50 and a 1-year high of $47.98. The stock has a 50-day moving average of $37.24 and a 200-day moving average of $34.42. The company’s market cap is $1.247 billion.
Karyopharm Therapeutics (NASDAQ:KPTI) last released its earnings data on Thursday, August 7th. The company reported ($1.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.50) by $0.52. Analysts expect that Karyopharm Therapeutics will post $-2.19 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Leerink Swann cut their price target on shares of Karyopharm Therapeutics from $63.00 to $60.00 in a research note on Friday, August 8th. Analysts at Oppenheimer downgraded shares of Karyopharm Therapeutics from an “outperform” rating to a “market perform” rating in a research note on Monday, July 7th. One equities research analyst has rated the stock with a hold rating and two have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $52.67.
Karyopharm Therapeutics Inc is a clinical-stage pharmaceutical company focused on the discovery and development of drugs directed against nuclear transport targets for the treatment of cancer and other major diseases.
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