Dermira Inc (DERM) Director David E. Cohen Sells 600 Shares

Dermira Inc (NASDAQ:DERM) Director David E. Cohen sold 600 shares of the company’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $28.87, for a total transaction of $17,322.00. Following the completion of the transaction, the director now directly owns 30,282 shares of the company’s stock, valued at $874,241.34. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Dermira Inc (NASDAQ DERM) traded down $0.56 during trading on Friday, hitting $27.80. 668,778 shares of the stock were exchanged, compared to its average volume of 748,351. Dermira Inc has a one year low of $21.35 and a one year high of $38.75. The company has a debt-to-equity ratio of 1.40, a quick ratio of 4.68 and a current ratio of 4.68. The firm has a market cap of $1,170.00, a P/E ratio of -4.46 and a beta of 0.75.

Dermira (NASDAQ:DERM) last posted its quarterly earnings data on Monday, November 6th. The biopharmaceutical company reported ($1.21) EPS for the quarter, missing the Zacks’ consensus estimate of ($1.12) by ($0.09). Dermira had a negative return on equity of 41.22% and a negative net margin of 992.18%. analysts expect that Dermira Inc will post -7.36 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of the company. Aperio Group LLC acquired a new stake in Dermira in the 4th quarter valued at about $213,000. Schwab Charles Investment Management Inc. lifted its stake in Dermira by 20.2% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 180,235 shares of the biopharmaceutical company’s stock valued at $5,013,000 after purchasing an additional 30,244 shares during the last quarter. Private Capital Advisors Inc. acquired a new stake in Dermira in the 4th quarter valued at about $973,000. AXA lifted its stake in Dermira by 41.5% in the 3rd quarter. AXA now owns 300,333 shares of the biopharmaceutical company’s stock valued at $8,109,000 after purchasing an additional 88,079 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in Dermira in the 3rd quarter valued at about $696,000. Institutional investors own 99.60% of the company’s stock.

A number of equities analysts recently weighed in on the stock. BidaskClub raised shares of Dermira from a “hold” rating to a “buy” rating in a research note on Tuesday. Leerink Swann upped their target price on shares of Dermira from $42.00 to $48.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 17th. Cantor Fitzgerald set a $45.00 price objective on shares of Dermira and gave the stock a “buy” rating in a research note on Monday, January 15th. Zacks Investment Research upgraded shares of Dermira from a “sell” rating to a “hold” rating in a research note on Tuesday, January 9th. Finally, Guggenheim restated a “buy” rating and set a $30.00 price objective on shares of Dermira in a research note on Thursday, December 14th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. Dermira has a consensus rating of “Buy” and an average price target of $42.17.

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Dermira Company Profile

Dermira, Inc is a biopharmaceutical company. The Company is focused on the development of therapeutic solutions in medical dermatology to treat skin conditions, such as hyperhidrosis, psoriasis and acne. Its portfolio includes three late-stage product candidates: Cimzia (certolizumab pegol), glycopyrronium tosylate and olumacostat glasaretil.

Insider Buying and Selling by Quarter for Dermira (NASDAQ:DERM)

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