Insider Buying: Vital Therapies, Inc. (VTL) Director Buys 100,000 Shares of Stock
Vital Therapies, Inc. (NASDAQ:VTL) Director Muneer A. Satter purchased 100,000 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was acquired at an average cost of $5.48 per share, with a total value of $548,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Vital Therapies, Inc. (VTL) traded down $0.10 during mid-day trading on Thursday, hitting $5.50. The stock had a trading volume of 224,015 shares, compared to its average volume of 153,132. Vital Therapies, Inc. has a 1-year low of $2.25 and a 1-year high of $6.50.
Vital Therapies (NASDAQ:VTL) last posted its quarterly earnings data on Wednesday, October 25th. The company reported ($0.30) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.32) by $0.02. During the same period last year, the company earned ($0.32) earnings per share. sell-side analysts predict that Vital Therapies, Inc. will post -1.26 EPS for the current fiscal year.
VTL has been the subject of a number of research analyst reports. ValuEngine raised Vital Therapies from a “strong sell” rating to a “sell” rating in a report on Saturday, October 21st. BidaskClub raised Vital Therapies from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 5th. Zacks Investment Research downgraded Vital Therapies from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st. Finally, Raymond James Financial reissued a “buy” rating on shares of Vital Therapies in a report on Tuesday, December 5th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $8.00.
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Vital Therapies Company Profile
Vital Therapies, Inc is a biotherapeutic company. The Company is focused on developing a human hepatic cell-based treatment targeting acute forms of liver failure. Its product candidate, the ELAD System, is an extracorporeal human allogeneic cellular liver therapy designed to allow the patient’s liver to regenerate to a healthy state, or to stabilize the patient until transplant.
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