Audentes Therapeutics Inc (BOLD) VP Suyash Prasad Sells 8,000 Shares
Audentes Therapeutics Inc (NASDAQ:BOLD) VP Suyash Prasad sold 8,000 shares of Audentes Therapeutics stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $28.53, for a total value of $228,240.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of Audentes Therapeutics Inc (BOLD) traded down $0.29 during mid-day trading on Wednesday, hitting $27.38. The company’s stock had a trading volume of 130,700 shares, compared to its average volume of 148,087. Audentes Therapeutics Inc has a one year low of $13.90 and a one year high of $33.43.
Audentes Therapeutics (NASDAQ:BOLD) last posted its quarterly earnings results on Tuesday, November 14th. The biotechnology company reported ($0.88) earnings per share for the quarter, meeting the Zacks’ consensus estimate of ($0.88). equities research analysts predict that Audentes Therapeutics Inc will post -3.52 earnings per share for the current fiscal year.
Several research analysts have weighed in on BOLD shares. Zacks Investment Research downgraded Audentes Therapeutics from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Evercore ISI started coverage on Audentes Therapeutics in a research note on Wednesday, August 16th. They issued an “outperform” rating and a $23.00 target price on the stock. ValuEngine downgraded Audentes Therapeutics from a “hold” rating to a “sell” rating in a research note on Friday, October 13th. BMO Capital Markets started coverage on Audentes Therapeutics in a research note on Tuesday. They issued an “outperform” rating and a $35.00 target price on the stock. Finally, William Blair started coverage on Audentes Therapeutics in a research note on Tuesday, October 17th. They issued an “outperform” rating and a $35.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company’s stock. Audentes Therapeutics presently has an average rating of “Hold” and a consensus target price of $28.29.
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Audentes Therapeutics Company Profile
Audentes Therapeutics, Inc is an early-stage biotechnology company. The Company is focused on developing and commercializing gene therapy products for patients suffering from serious, life-threatening rare diseases caused by single gene defects. The Company has a portfolio of product candidates, including AT132 for the treatment of X-Linked Myotubular Myopathy (XLMTM); AT342 for the treatment of Crigler-Najjar Syndrome (Crigler-Najjar); AT982 for the treatment of Pompe disease, and AT307 for the treatment of the CASQ2 subtype of Catecholaminergic Polymorphic Ventricular Tachycardia (CASQ2-CPVT).
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