Joseph L. Goldstein Sells 1,000 Shares of Regeneron Pharmaceuticals Inc (REGN) Stock
Regeneron Pharmaceuticals Inc (NASDAQ:REGN) Director Joseph L. Goldstein sold 1,000 shares of the business’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $325.60, for a total value of $325,600.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Regeneron Pharmaceuticals Inc (NASDAQ REGN) traded down $18.10 during mid-day trading on Tuesday, hitting $324.57. The company had a trading volume of 1,403,615 shares, compared to its average volume of 1,066,957. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.82 and a quick ratio of 3.18. The stock has a market cap of $34,890.00, a P/E ratio of 31.45, a PEG ratio of 1.27 and a beta of 1.47. Regeneron Pharmaceuticals Inc has a 52-week low of $314.99 and a 52-week high of $543.55.
Regeneron Pharmaceuticals (NASDAQ:REGN) last posted its quarterly earnings data on Thursday, February 8th. The biopharmaceutical company reported $5.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $4.18 by $1.05. The firm had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.50 billion. Regeneron Pharmaceuticals had a return on equity of 28.48% and a net margin of 20.41%. The company’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.04 EPS. sell-side analysts expect that Regeneron Pharmaceuticals Inc will post 14.13 EPS for the current fiscal year.
Several hedge funds have recently bought and sold shares of the stock. Global X MANAGEMENT CO LLC raised its holdings in shares of Regeneron Pharmaceuticals by 10.7% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 1,334 shares of the biopharmaceutical company’s stock valued at $596,000 after buying an additional 129 shares during the period. King Luther Capital Management Corp raised its holdings in shares of Regeneron Pharmaceuticals by 21.3% in the 3rd quarter. King Luther Capital Management Corp now owns 825 shares of the biopharmaceutical company’s stock valued at $369,000 after buying an additional 145 shares during the period. Advantus Capital Management Inc raised its holdings in shares of Regeneron Pharmaceuticals by 1.9% in the 3rd quarter. Advantus Capital Management Inc now owns 7,885 shares of the biopharmaceutical company’s stock valued at $3,526,000 after buying an additional 148 shares during the period. BTIM Corp. raised its holdings in shares of Regeneron Pharmaceuticals by 14.3% in the 4th quarter. BTIM Corp. now owns 1,200 shares of the biopharmaceutical company’s stock valued at $451,000 after buying an additional 150 shares during the period. Finally, Nomura Asset Management Co. Ltd. raised its holdings in shares of Regeneron Pharmaceuticals by 0.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 17,010 shares of the biopharmaceutical company’s stock valued at $7,606,000 after buying an additional 151 shares during the period. Hedge funds and other institutional investors own 65.89% of the company’s stock.
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About Regeneron Pharmaceuticals
Regeneron Pharmaceuticals, Inc is a biopharmaceutical company that discovers, invents, develops, manufactures and commercializes medicines for the treatment of serious medical conditions. The Company commercializes medicines for eye diseases, high low-density lipoprotein (LDL) cholesterol, and an inflammatory condition and have product candidates in development in other areas, including rheumatoid arthritis, asthma, atopic dermatitis, pain, cancer, and infectious diseases.
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