FibroGen Inc (FGEN) Insider K Peony Yu Sells 7,500 Shares

FibroGen Inc (NASDAQ:FGEN) insider K Peony Yu sold 7,500 shares of FibroGen stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $53.97, for a total transaction of $404,775.00. Following the transaction, the insider now owns 144,986 shares of the company’s stock, valued at approximately $7,824,894.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

K Peony Yu also recently made the following trade(s):

  • On Monday, January 29th, K Peony Yu sold 10,000 shares of FibroGen stock. The shares were sold at an average price of $62.00, for a total transaction of $620,000.00.
  • On Thursday, December 14th, K Peony Yu sold 2,851 shares of FibroGen stock. The shares were sold at an average price of $43.70, for a total transaction of $124,588.70.

Shares of FibroGen Inc (NASDAQ:FGEN) traded down $0.30 during mid-day trading on Friday, reaching $50.70. 852,809 shares of the company traded hands, compared to its average volume of 616,775. FibroGen Inc has a 1 year low of $22.75 and a 1 year high of $63.00. The company has a quick ratio of 10.83, a current ratio of 10.83 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $4,190.00, a price-to-earnings ratio of -24.98 and a beta of 1.74.

FibroGen (NASDAQ:FGEN) last issued its quarterly earnings results on Wednesday, November 8th. The biopharmaceutical company reported ($0.50) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.13). FibroGen had a negative return on equity of 47.36% and a negative net margin of 120.00%. sell-side analysts anticipate that FibroGen Inc will post -1.75 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of FGEN. Janus Henderson Group PLC acquired a new position in FibroGen during the second quarter worth approximately $45,633,000. Eagle Asset Management Inc. purchased a new stake in FibroGen during the third quarter worth approximately $46,158,000. Vanguard Group Inc. grew its stake in FibroGen by 15.1% during the second quarter. Vanguard Group Inc. now owns 5,808,439 shares of the biopharmaceutical company’s stock worth $187,612,000 after buying an additional 761,421 shares during the period. First Trust Advisors LP grew its stake in FibroGen by 1,058.4% during the fourth quarter. First Trust Advisors LP now owns 776,640 shares of the biopharmaceutical company’s stock worth $36,813,000 after buying an additional 709,598 shares during the period. Finally, BlackRock Inc. grew its stake in FibroGen by 12.3% during the second quarter. BlackRock Inc. now owns 5,001,406 shares of the biopharmaceutical company’s stock worth $161,545,000 after buying an additional 546,587 shares during the period. 57.11% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have recently weighed in on FGEN shares. BidaskClub raised shares of FibroGen from a “sell” rating to a “hold” rating in a research report on Thursday, December 21st. ValuEngine raised shares of FibroGen from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Mizuho reaffirmed a “hold” rating and set a $61.00 price target on shares of FibroGen in a research report on Thursday, November 9th. Four analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $65.67.

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About FibroGen

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.

Insider Buying and Selling by Quarter for FibroGen (NASDAQ:FGEN)

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