SG Americas Securities LLC decreased its holdings in CRISPR Therapeutics AG (NASDAQ:CRSP – Free Report) by 17.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,101 shares of the company’s stock after selling 4,610 shares during the quarter. SG Americas Securities LLC’s holdings in CRISPR Therapeutics were worth $831,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of CRSP. MCF Advisors LLC bought a new stake in CRISPR Therapeutics during the fourth quarter valued at $80,000. Arkadios Wealth Advisors raised its holdings in shares of CRISPR Therapeutics by 7.7% in the 4th quarter. Arkadios Wealth Advisors now owns 12,161 shares of the company’s stock worth $479,000 after acquiring an additional 866 shares during the last quarter. Mirador Capital Partners LP acquired a new stake in shares of CRISPR Therapeutics in the 4th quarter worth about $297,000. Hennion & Walsh Asset Management Inc. raised its holdings in shares of CRISPR Therapeutics by 9.2% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 44,305 shares of the company’s stock worth $1,744,000 after acquiring an additional 3,737 shares during the last quarter. Finally, 180 Wealth Advisors LLC increased its stake in CRISPR Therapeutics by 18.4% in the 4th quarter. 180 Wealth Advisors LLC now owns 5,167 shares of the company’s stock valued at $203,000 after buying an additional 803 shares during the last quarter. Institutional investors own 69.20% of the company’s stock.
Insider Buying and Selling
In other news, CEO Samarth Kulkarni sold 30,000 shares of CRISPR Therapeutics stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $55.62, for a total transaction of $1,668,600.00. Following the sale, the chief executive officer now owns 196,540 shares of the company’s stock, valued at approximately $10,931,554.80. The trade was a 13.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 4.10% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on CRISPR Therapeutics
CRISPR Therapeutics Price Performance
Shares of CRSP stock opened at $41.21 on Thursday. The firm has a market capitalization of $3.52 billion, a price-to-earnings ratio of -14.56 and a beta of 1.68. The business has a fifty day moving average of $43.97 and a 200 day moving average of $47.42. CRISPR Therapeutics AG has a 1 year low of $36.52 and a 1 year high of $91.10.
CRISPR Therapeutics (NASDAQ:CRSP – Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The company reported ($1.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.42) by $0.41. CRISPR Therapeutics had a negative return on equity of 12.15% and a negative net margin of 118.13%. The business had revenue of $0.60 million during the quarter, compared to analyst estimates of $6.65 million. During the same quarter last year, the business posted ($1.41) EPS. As a group, equities research analysts expect that CRISPR Therapeutics AG will post -5.13 earnings per share for the current year.
CRISPR Therapeutics Profile
CRISPR Therapeutics is a gene-editing company focused on developing transformative gene-based medicines for serious diseases using its proprietary CRISPR/Cas9 platform. CRISPR/Cas9 is a revolutionary gene-editing technology that allows for precise, directed changes to genomic DNA. CRISPR Therapeutics has established a portfolio of therapeutic programs across a broad range of disease areas including hemoglobinopathies, oncology, regenerative medicine and rare diseases.
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