Jay Barth Sells 5,000 Shares of Amicus Therapeutics, Inc. (FOLD) Stock
Amicus Therapeutics, Inc. (NASDAQ:FOLD) insider Jay Barth sold 5,000 shares of the business’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $13.59, for a total transaction of $67,950.00. Following the sale, the insider now directly owns 69,184 shares in the company, valued at $940,210.56. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Shares of Amicus Therapeutics, Inc. (NASDAQ:FOLD) traded down $0.23 during mid-day trading on Tuesday, hitting $12.51. 2,193,572 shares of the stock were exchanged, compared to its average volume of 3,185,740. The company has a current ratio of 6.32, a quick ratio of 6.22 and a debt-to-equity ratio of 0.39. Amicus Therapeutics, Inc. has a 12 month low of $4.41 and a 12 month high of $16.60.
Amicus Therapeutics (NASDAQ:FOLD) last issued its earnings results on Wednesday, November 8th. The biopharmaceutical company reported ($0.41) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.31) by ($0.10). The firm had revenue of $10.90 million during the quarter, compared to the consensus estimate of $9.02 million. Amicus Therapeutics had a negative net margin of 1,092.37% and a negative return on equity of 63.54%. The firm’s revenue for the quarter was up 419.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.33) earnings per share. equities analysts forecast that Amicus Therapeutics, Inc. will post -1.56 earnings per share for the current year.
Several hedge funds have recently modified their holdings of FOLD. Strs Ohio bought a new stake in shares of Amicus Therapeutics in the 3rd quarter valued at about $102,000. Teacher Retirement System of Texas raised its holdings in shares of Amicus Therapeutics by 1.7% in the 2nd quarter. Teacher Retirement System of Texas now owns 10,243 shares of the biopharmaceutical company’s stock valued at $103,000 after purchasing an additional 169 shares during the period. Tudor Investment Corp ET AL bought a new stake in shares of Amicus Therapeutics in the 2nd quarter valued at about $124,000. Aperio Group LLC raised its holdings in shares of Amicus Therapeutics by 13.5% in the 2nd quarter. Aperio Group LLC now owns 13,986 shares of the biopharmaceutical company’s stock valued at $141,000 after purchasing an additional 1,663 shares during the period. Finally, Zacks Investment Management bought a new stake in shares of Amicus Therapeutics in the 2nd quarter valued at about $145,000.
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About Amicus Therapeutics
Amicus Therapeutics, Inc is a biotechnology company. The Company is engaged in the discovery, development and commercialization of a set of treatments for patients living with devastating rare and orphan diseases. Its lead product, migalastat HCl is a small molecule that can be used as a monotherapy and in combination with enzyme replacement therapy (ERT) for Fabry disease.
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