Epizyme EVP Robert A. Copeland Unloads 10,830 Shares (EPZM)
Epizyme (NASDAQ:EPZM) EVP Robert A. Copeland unloaded 10,830 shares of the stock on the open market in a transaction dated Monday, August 18th. The stock was sold at an average price of $36.07, for a total transaction of $390,638.10. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Epizyme (NASDAQ:EPZM) traded down 2.07% during mid-day trading on Tuesday, hitting $34.09. 296,487 shares of the company’s stock traded hands. Epizyme has a 52 week low of $18.10 and a 52 week high of $42.71. The stock’s 50-day moving average is $32.22 and its 200-day moving average is $27.22. The company’s market cap is $1.145 billion.
Epizyme (NASDAQ:EPZM) last announced its earnings results on Wednesday, August 13th. The company reported ($0.40) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.50) by $0.10. The company had revenue of $9.50 million for the quarter, compared to the consensus estimate of $7.59 million. Analysts expect that Epizyme will post $-1.62 EPS for the current fiscal year.
A number of analysts have recently weighed in on EPZM shares. Analysts at HC Wainwright raised their price target on shares of Epizyme from $40.00 to $45.00 in a research note on Wednesday, August 13th. They now have a “buy” rating on the stock. Separately, analysts at Zacks downgraded shares of Epizyme from an “outperform” rating to a “neutral” rating in a research note on Thursday, August 7th. They now have a $36.80 price target on the stock. Finally, analysts at Wainwright initiated coverage on shares of Epizyme in a research note on Tuesday, July 15th. They set a “buy” rating and a $40.00 price target on the stock.
Epizyme, Inc is a clinical stage biopharmaceutical company that discovers, develops and plans to commercialize personalized therapeutics for patients with genetically defined cancers.
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