Blueprint Medicines Corp (NASDAQ:BPMC) insider Kate Haviland sold 6,775 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $74.93, for a total transaction of $507,650.75. Following the transaction, the insider now owns 12,649 shares of the company’s stock, valued at approximately $947,789.57. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Blueprint Medicines Corp (NASDAQ BPMC) traded up $4.95 during mid-day trading on Wednesday, reaching $82.93. 483,874 shares of the company’s stock were exchanged, compared to its average volume of 324,370. The firm has a market cap of $3,159.17, a P/E ratio of -24.32 and a beta of 1.16. The company has a debt-to-equity ratio of 0.02, a quick ratio of 11.28 and a current ratio of 11.28. Blueprint Medicines Corp has a 12 month low of $32.43 and a 12 month high of $92.00.
Several research analysts recently weighed in on BPMC shares. JMP Securities upped their price target on shares of Blueprint Medicines from $88.00 to $97.00 and gave the stock an “outperform” rating in a research report on Monday, December 11th. ValuEngine downgraded shares of Blueprint Medicines from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Cowen restated a “buy” rating on shares of Blueprint Medicines in a research report on Friday, November 10th. BidaskClub downgraded shares of Blueprint Medicines from a “buy” rating to a “hold” rating in a research report on Wednesday, December 6th. Finally, Raymond James Financial set a $82.00 price target on shares of Blueprint Medicines and gave the stock a “buy” rating in a research report on Sunday, December 10th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $84.20.
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About Blueprint Medicines
Blueprint Medicines Corporation is a biopharmaceutical company. The Company focuses on patients with genomically defined diseases driven by abnormal kinase activation. It focuses on crafting drug candidates that provide clinical responses to patients without adequate treatment options. It has developed a small molecule drug pipeline in cancer and a genetic disease.
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