K Peony Yu Sells 2,851 Shares of FibroGen, Inc (FGEN) Stock
FibroGen, Inc (NASDAQ:FGEN) insider K Peony Yu sold 2,851 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $51.00, for a total transaction of $145,401.00. Following the transaction, the insider now owns 185,546 shares of the company’s stock, valued at approximately $9,462,846. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
K Peony Yu also recently made the following trade(s):
- On Monday, August 21st, K Peony Yu sold 7,500 shares of FibroGen stock. The stock was sold at an average price of $41.03, for a total transaction of $307,725.00.
- On Tuesday, August 8th, K Peony Yu sold 37,500 shares of FibroGen stock. The stock was sold at an average price of $50.58, for a total transaction of $1,896,750.00.
- On Tuesday, August 1st, K Peony Yu sold 10,000 shares of FibroGen stock. The stock was sold at an average price of $33.48, for a total transaction of $334,800.00.
- On Monday, July 10th, K Peony Yu sold 5,000 shares of FibroGen stock. The stock was sold at an average price of $32.98, for a total transaction of $164,900.00.
FibroGen, Inc (FGEN) traded up 0.58% during mid-day trading on Friday, hitting $52.40. 1,462,946 shares of the stock traded hands. FibroGen, Inc has a 1-year low of $15.60 and a 1-year high of $52.70. The company has a 50-day moving average of $42.78 and a 200 day moving average of $31.87. The firm’s market capitalization is $3.73 billion.
FibroGen (NASDAQ:FGEN) last announced its quarterly earnings results on Monday, August 7th. The biopharmaceutical company reported ($0.48) EPS for the quarter, missing analysts’ consensus estimates of ($0.47) by ($0.01). FibroGen had a negative return on equity of 64.42% and a negative net margin of 105.59%. The business had revenue of $29.00 million during the quarter, compared to analysts’ expectations of $34.80 million. On average, equities research analysts anticipate that FibroGen, Inc will post ($1.80) EPS for the current year.
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Hedge funds have recently made changes to their positions in the stock. Quantbot Technologies LP purchased a new stake in FibroGen in the second quarter worth $128,000. Ameritas Investment Partners Inc. purchased a new stake in FibroGen in the first quarter worth $111,000. SG Americas Securities LLC lifted its stake in FibroGen by 6.5% in the second quarter. SG Americas Securities LLC now owns 6,747 shares of the biopharmaceutical company’s stock worth $218,000 after acquiring an additional 412 shares during the period. Amalgamated Bank purchased a new stake in FibroGen in the second quarter worth $237,000. Finally, BNP Paribas Arbitrage SA lifted its stake in FibroGen by 589.1% in the second quarter. BNP Paribas Arbitrage SA now owns 7,401 shares of the biopharmaceutical company’s stock worth $239,000 after acquiring an additional 6,327 shares during the period. 47.49% of the stock is owned by institutional investors.
FGEN has been the subject of several analyst reports. Stifel Nicolaus restated a “buy” rating and set a $38.00 price target (up previously from $32.00) on shares of FibroGen in a report on Thursday, June 22nd. Jefferies Group LLC restated a “buy” rating and set a $75.00 price target on shares of FibroGen in a report on Tuesday. Citigroup Inc. restated a “buy” rating and set a $48.00 price target on shares of FibroGen in a report on Monday, June 26th. BidaskClub lowered shares of FibroGen from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st. Finally, Goldman Sachs Group, Inc. (The) lowered shares of FibroGen from a “buy” rating to a “neutral” rating and set a $31.00 price objective for the company. in a research note on Friday, July 21st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. FibroGen has an average rating of “Buy” and an average price target of $60.17.
FibroGen, Inc is a science-based biopharmaceutical company discovering and developing a pipeline of first- in-class therapeutics. The Company is focused on fibrosis and hypoxia-inducible factor (HIF) biology and clinical development to advance innovative medicines for the treatment of anemia, fibrotic disease, and cancer.
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