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Alnylam Pharmaceuticals (NASDAQ:ALNY) SVP Laurence Reid sold 13,500 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $67.34, for a total transaction of $909,090.00. Following the completion of the transaction, the senior vice president now directly owns 3,905 shares of the company’s stock, valued at approximately $262,963. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Alnylam Pharmaceuticals in a research note on Thursday, August 14th. They now have a $69.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Alnylam Pharmaceuticals presently has an average rating of “Buy” and a consensus target price of $84.50.

Shares of Alnylam Pharmaceuticals (NASDAQ:ALNY) opened at 65.36 on Friday. Alnylam Pharmaceuticals has a 1-year low of $47.03 and a 1-year high of $112.57. The stock has a 50-day moving average of $58.54 and a 200-day moving average of $64.18. The company’s market cap is $4.990 billion.

Alnylam Pharmaceuticals (NASDAQ:ALNY) last announced its earnings results on Thursday, August 7th. The company reported ($0.63) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.56) by $0.07. The company had revenue of $7.30 million for the quarter, compared to the consensus estimate of $9.36 million. During the same quarter last year, the company posted ($0.29) earnings per share. Alnylam Pharmaceuticals’s revenue was down 16.0% compared to the same quarter last year. On average, analysts predict that Alnylam Pharmaceuticals will post $-5.37 earnings per share for the current fiscal year.

Alnylam Pharmaceuticals, Inc (NASDAQ:ALNY) is a biopharmaceutical company developing therapeutics based on ribonucleic acid interface (RNAi).

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