Audentes Therapeutics Inc (BOLD) VP Suyash Prasad Sells 8,000 Shares
Audentes Therapeutics Inc (NASDAQ:BOLD) VP Suyash Prasad sold 8,000 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $28.53, for a total transaction of $228,240.00. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of Audentes Therapeutics Inc (NASDAQ BOLD) traded down $0.29 during trading on Tuesday, hitting $27.38. 130,739 shares of the stock traded hands, compared to its average volume of 148,087. Audentes Therapeutics Inc has a 1 year low of $13.90 and a 1 year high of $33.43.
Audentes Therapeutics (NASDAQ:BOLD) last issued its earnings results on Tuesday, November 14th. The biotechnology company reported ($0.88) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.88). research analysts forecast that Audentes Therapeutics Inc will post -3.52 EPS for the current fiscal year.
BOLD has been the topic of a number of recent research reports. Zacks Investment Research cut shares of Audentes Therapeutics from a “hold” rating to a “sell” rating in a research report on Friday, November 17th. ValuEngine cut shares of Audentes Therapeutics from a “hold” rating to a “sell” rating in a research report on Friday, October 13th. Leerink Swann reiterated an “outperform” rating and set a $29.00 price target (up from $22.00) on shares of Audentes Therapeutics in a research report on Wednesday, November 15th. William Blair initiated coverage on shares of Audentes Therapeutics in a research report on Tuesday, October 17th. They set an “outperform” rating and a $35.00 price target on the stock. Finally, Raymond James Financial initiated coverage on shares of Audentes Therapeutics in a research report on Thursday, October 12th. They set a “market perform” rating on the stock. Two analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $28.29.
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About Audentes Therapeutics
Audentes Therapeutics, Inc is an early-stage biotechnology company. The Company is focused on developing and commercializing gene therapy products for patients suffering from serious, life-threatening rare diseases caused by single gene defects. The Company has a portfolio of product candidates, including AT132 for the treatment of X-Linked Myotubular Myopathy (XLMTM); AT342 for the treatment of Crigler-Najjar Syndrome (Crigler-Najjar); AT982 for the treatment of Pompe disease, and AT307 for the treatment of the CASQ2 subtype of Catecholaminergic Polymorphic Ventricular Tachycardia (CASQ2-CPVT).
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