Insider Selling: Atara Biotherapeutics Inc (ATRA) EVP Sells 775 Shares of Stock
Atara Biotherapeutics Inc (NASDAQ:ATRA) EVP Christopher Haqq sold 775 shares of the stock in a transaction that occurred on Thursday, November 15th. The shares were sold at an average price of $33.81, for a total value of $26,202.75. Following the transaction, the executive vice president now directly owns 285,580 shares of the company’s stock, valued at $9,655,459.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Christopher Haqq also recently made the following trade(s):
- On Tuesday, September 25th, Christopher Haqq sold 31,500 shares of Atara Biotherapeutics stock. The shares were sold at an average price of $40.17, for a total value of $1,265,355.00.
Shares of NASDAQ:ATRA traded up $2.01 during trading on Thursday, hitting $35.85. The company had a trading volume of 344,303 shares, compared to its average volume of 699,982. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of -8.96 and a beta of 2.59. Atara Biotherapeutics Inc has a one year low of $13.20 and a one year high of $54.45.
Several large investors have recently bought and sold shares of ATRA. California State Teachers Retirement System lifted its stake in shares of Atara Biotherapeutics by 18.9% in the 1st quarter. California State Teachers Retirement System now owns 50,110 shares of the biotechnology company’s stock valued at $1,954,000 after purchasing an additional 7,951 shares during the last quarter. Principal Financial Group Inc. purchased a new stake in shares of Atara Biotherapeutics in the first quarter worth approximately $214,000. Bank of Montreal Can purchased a new stake in shares of Atara Biotherapeutics in the second quarter worth approximately $180,000. Assenagon Asset Management S.A. raised its holdings in shares of Atara Biotherapeutics by 73.2% in the second quarter. Assenagon Asset Management S.A. now owns 237,668 shares of the biotechnology company’s stock worth $8,734,000 after buying an additional 100,432 shares during the period. Finally, Amalgamated Bank purchased a new stake in shares of Atara Biotherapeutics in the second quarter worth approximately $228,000.
ATRA has been the subject of several analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $45.00 price objective on shares of Atara Biotherapeutics in a research note on Friday, August 3rd. BidaskClub raised Atara Biotherapeutics from a “sell” rating to a “hold” rating in a research note on Friday, August 24th. Finally, Zacks Investment Research lowered Atara Biotherapeutics from a “hold” rating to a “sell” rating in a research note on Friday, November 9th. Three research analysts have rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $47.80.
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About Atara Biotherapeutics
Atara Biotherapeutics, Inc, an off-the-shelf T-cell immunotherapy company, develops treatments for patients with cancer, autoimmune, and viral diseases in the United States. The company is developing tabelecleucel, an advanced T-cell immunotherapy that is Phase III clinical trials for the treatment of rituximab-refractory epstein-barr virus (EBV) associated post-transplant lymphoproliferative disorder, as well as other EBV associated hematologic and solid tumors, including nasopharyngeal carcinoma.
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