Anthony Hunt Sells 5,000 Shares of Repligen Corp. (RGEN) Stock
Repligen Corp. (NASDAQ:RGEN) CEO Anthony Hunt sold 5,000 shares of Repligen Corp. stock in a transaction on Monday, November 28th. The stock was sold at an average price of $33.12, for a total transaction of $165,600.00. Following the completion of the sale, the chief executive officer now owns 68,342 shares of the company’s stock, valued at approximately $2,263,487.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Repligen Corp. (NASDAQ:RGEN) opened at 32.20 on Thursday. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 155.56 and a beta of 1.63. The company has a 50 day moving average of $30.24 and a 200-day moving average of $28.71. Repligen Corp. has a 52 week low of $20.07 and a 52 week high of $34.06.
Repligen Corp. (NASDAQ:RGEN) last released its quarterly earnings data on Thursday, November 3rd. The company reported $0.08 EPS for the quarter, hitting analysts’ consensus estimates of $0.08. Repligen Corp. had a return on equity of 10.16% and a net margin of 6.89%. The firm had revenue of $24.70 million for the quarter, compared to the consensus estimate of $24.39 million. During the same quarter in the prior year, the company posted $0.08 earnings per share. The firm’s revenue was up 24.7% on a year-over-year basis. On average, equities research analysts expect that Repligen Corp. will post $0.45 earnings per share for the current fiscal year.
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A number of institutional investors have recently added to or reduced their stakes in RGEN. TimesSquare Capital Management LLC purchased a new position in Repligen Corp. during the third quarter worth approximately $42,351,000. William Blair Investment Management LLC increased its position in Repligen Corp. by 179.0% in the second quarter. William Blair Investment Management LLC now owns 796,944 shares of the company’s stock worth $21,804,000 after buying an additional 511,296 shares in the last quarter. Kalmar Investments Inc. DE increased its position in Repligen Corp. by 60.3% in the third quarter. Kalmar Investments Inc. DE now owns 661,607 shares of the company’s stock worth $19,974,000 after buying an additional 248,929 shares in the last quarter. Emerald Acquisition Ltd. purchased a new position in Repligen Corp. during the second quarter worth approximately $5,741,000. Finally, Columbia Wanger Asset Management LLC increased its position in Repligen Corp. by 32.5% in the second quarter. Columbia Wanger Asset Management LLC now owns 800,877 shares of the company’s stock worth $21,912,000 after buying an additional 196,242 shares in the last quarter. Hedge funds and other institutional investors own 94.43% of the company’s stock.
Separately, Zacks Investment Research upgraded shares of Repligen Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, August 11th.
About Repligen Corp.
Repligen Corporation is a bioprocessing company. The Company is focused on the development, production and commercialization of products used in the process of manufacturing biologic drugs (bioprocessing). The Company is a manufacturer of both native and recombinant forms of Protein A, critical reagents used in biomanufacturing to separate and purify monoclonal antibodies, a type of biologic drug.
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