Amicus Therapeutics, Inc. (FOLD) Insider Jay Barth Sells 5,000 Shares
Amicus Therapeutics, Inc. (NASDAQ:FOLD) insider Jay Barth sold 5,000 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $13.59, for a total value of $67,950.00. Following the completion of the sale, the insider now owns 69,184 shares of the company’s stock, valued at approximately $940,210.56. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Amicus Therapeutics, Inc. (FOLD) traded down $0.23 during mid-day trading on Wednesday, reaching $12.51. The company had a trading volume of 2,193,500 shares, compared to its average volume of 3,185,740. Amicus Therapeutics, Inc. has a one year low of $4.41 and a one year high of $16.60. The company has a debt-to-equity ratio of 0.39, a current ratio of 6.32 and a quick ratio of 6.22.
Amicus Therapeutics (NASDAQ:FOLD) last posted its quarterly earnings data on Wednesday, November 8th. The biopharmaceutical company reported ($0.41) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.31) by ($0.10). Amicus Therapeutics had a negative net margin of 1,092.37% and a negative return on equity of 63.54%. The company had revenue of $10.90 million for the quarter, compared to the consensus estimate of $9.02 million. During the same period last year, the business earned ($0.33) EPS. The firm’s quarterly revenue was up 419.0% on a year-over-year basis. equities research analysts forecast that Amicus Therapeutics, Inc. will post -1.56 earnings per share for the current fiscal year.
Hedge funds have recently bought and sold shares of the stock. Strs Ohio bought a new position in Amicus Therapeutics during the 3rd quarter valued at approximately $102,000. Teacher Retirement System of Texas increased its position in Amicus Therapeutics by 1.7% during the 2nd quarter. Teacher Retirement System of Texas now owns 10,243 shares of the biopharmaceutical company’s stock valued at $103,000 after buying an additional 169 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in Amicus Therapeutics during the 2nd quarter valued at approximately $124,000. Aperio Group LLC increased its position in Amicus Therapeutics by 13.5% during the 2nd quarter. Aperio Group LLC now owns 13,986 shares of the biopharmaceutical company’s stock valued at $141,000 after buying an additional 1,663 shares in the last quarter. Finally, Zacks Investment Management bought a new position in Amicus Therapeutics during the 2nd quarter valued at approximately $145,000.
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Amicus Therapeutics Company Profile
Amicus Therapeutics, Inc is a biotechnology company. The Company is engaged in the discovery, development and commercialization of a set of treatments for patients living with devastating rare and orphan diseases. Its lead product, migalastat HCl is a small molecule that can be used as a monotherapy and in combination with enzyme replacement therapy (ERT) for Fabry disease.
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