Neurocrine Biosciences, Inc. (NASDAQ:NBIX) insider Haig P. Bozigian sold 2,262 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $83.10, for a total value of $187,972.20. Following the completion of the sale, the insider now directly owns 76,950 shares in the company, valued at $6,394,545. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Neurocrine Biosciences, Inc. (NBIX) traded down $1.75 during midday trading on Thursday, hitting $81.00. The stock had a trading volume of 293,474 shares, compared to its average volume of 1,022,706. The company has a market cap of $7,290.00, a PE ratio of -36.31, a price-to-earnings-growth ratio of 13.67 and a beta of 0.26. The company has a debt-to-equity ratio of 1.05, a current ratio of 14.38 and a quick ratio of 14.37. Neurocrine Biosciences, Inc. has a 12-month low of $39.21 and a 12-month high of $91.82.

Several research firms recently issued reports on NBIX. BidaskClub raised Neurocrine Biosciences from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, January 31st. Needham & Company LLC upped their price objective on Neurocrine Biosciences to $95.00 and gave the company a “buy” rating in a research report on Tuesday, January 16th. Oppenheimer set a $95.00 price objective on Neurocrine Biosciences and gave the company a “buy” rating in a research report on Monday, January 15th. Jefferies Group upped their price objective on Neurocrine Biosciences to $105.00 and gave the company a “buy” rating in a research report on Friday, January 5th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $84.00 price objective on shares of Neurocrine Biosciences in a research report on Friday, November 3rd. One analyst has rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $82.31.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company lifted its holdings in shares of Neurocrine Biosciences by 7.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,665 shares of the company’s stock valued at $123,000 after buying an additional 193 shares during the period. Crow Point Partners LLC bought a new position in shares of Neurocrine Biosciences during the 4th quarter valued at $145,000. M&T Bank Corp bought a new position in shares of Neurocrine Biosciences during the 4th quarter valued at $202,000. Comerica Bank bought a new position in shares of Neurocrine Biosciences during the 3rd quarter valued at $210,000. Finally, Ardsley Advisory Partners bought a new position in shares of Neurocrine Biosciences during the 2nd quarter valued at $230,000.

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Neurocrine Biosciences Company Profile

Neurocrine Biosciences, Inc is engaged in discovering and developing pharmaceuticals, in diseases with unmet medical needs, through its research and development (R&D) platform, focused on neurological and endocrine based diseases and disorders. Its three lead late-stage clinical programs are elagolix, which is a gonadotropin-releasing hormone (GnRH) antagonist for endometriosis and uterine fibroids; INGREZZA (valbenazine), which is a vesicular monoamine transporter 2 (VMAT2) inhibitor, for the treatment of movement disorders, and opicapone, which is a selective catechol-O-methyltransferase inhibitor that is an adjunct therapy to preparations of levodopa/Dihydroxyphenylalanine (DOPA) decarboxylase inhibitors for adult patients with Parkinson’s disease.

Insider Buying and Selling by Quarter for Neurocrine Biosciences (NASDAQ:NBIX)

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