United Therapeutics (NASDAQ:UTHR) Director Christopher Causey Sells 1,000 Shares

United Therapeutics Corporation (NASDAQ:UTHRGet Free Report) Director Christopher Causey sold 1,000 shares of United Therapeutics stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $520.00, for a total value of $520,000.00. Following the transaction, the director owned 4,190 shares of the company’s stock, valued at $2,178,800. This represents a 19.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Christopher Causey also recently made the following trade(s):

  • On Tuesday, January 6th, Christopher Causey sold 1,000 shares of United Therapeutics stock. The shares were sold at an average price of $510.00, for a total value of $510,000.00.
  • On Friday, January 2nd, Christopher Causey sold 1,000 shares of United Therapeutics stock. The shares were sold at an average price of $500.01, for a total value of $500,010.00.

United Therapeutics Price Performance

UTHR stock traded up $61.67 during midday trading on Wednesday, reaching $535.10. 1,042,334 shares of the company were exchanged, compared to its average volume of 347,023. The firm has a market capitalization of $23.04 billion, a price-to-earnings ratio of 20.28, a price-to-earnings-growth ratio of 2.53 and a beta of 0.85. The business has a 50-day moving average price of $484.23 and a two-hundred day moving average price of $443.45. United Therapeutics Corporation has a one year low of $266.98 and a one year high of $537.19.

United Therapeutics (NASDAQ:UTHRGet Free Report) last posted its earnings results on Wednesday, February 25th. The biotechnology company reported $7.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.78 by $0.92. United Therapeutics had a net margin of 40.65% and a return on equity of 18.83%. The company had revenue of $790.20 million during the quarter, compared to analysts’ expectations of $814.80 million. During the same quarter last year, the company posted $6.19 EPS. United Therapeutics’s quarterly revenue was up 7.4% compared to the same quarter last year. As a group, analysts anticipate that United Therapeutics Corporation will post 24.48 earnings per share for the current fiscal year.

Key Stories Impacting United Therapeutics

Here are the key news stories impacting United Therapeutics this week:

Institutional Trading of United Therapeutics

Large investors have recently made changes to their positions in the company. Torren Management LLC acquired a new position in United Therapeutics during the fourth quarter valued at approximately $26,000. Activest Wealth Management boosted its holdings in shares of United Therapeutics by 1,400.0% in the 4th quarter. Activest Wealth Management now owns 60 shares of the biotechnology company’s stock valued at $29,000 after purchasing an additional 56 shares in the last quarter. WealthCollab LLC increased its stake in shares of United Therapeutics by 55.9% in the 2nd quarter. WealthCollab LLC now owns 106 shares of the biotechnology company’s stock valued at $30,000 after purchasing an additional 38 shares during the last quarter. Rakuten Securities Inc. raised its holdings in shares of United Therapeutics by 76.7% during the 2nd quarter. Rakuten Securities Inc. now owns 106 shares of the biotechnology company’s stock worth $30,000 after buying an additional 46 shares in the last quarter. Finally, Entrust Financial LLC bought a new stake in shares of United Therapeutics during the 4th quarter worth $31,000. Institutional investors and hedge funds own 94.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on UTHR shares. UBS Group reiterated a “buy” rating on shares of United Therapeutics in a research note on Tuesday, February 17th. Morgan Stanley set a $447.00 price objective on United Therapeutics in a research report on Wednesday, October 29th. Royal Bank Of Canada boosted their target price on shares of United Therapeutics from $569.00 to $587.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. HC Wainwright upped their price target on shares of United Therapeutics from $500.00 to $525.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Wells Fargo & Company lifted their price objective on shares of United Therapeutics from $414.00 to $423.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 30th. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $509.50.

Read Our Latest Report on UTHR

United Therapeutics Company Profile

(Get Free Report)

United Therapeutics Corporation (NASDAQ: UTHR) is a biotechnology company dedicated to the development and commercialization of unique products to address life-threatening illnesses. The company’s primary focus has been on pulmonary arterial hypertension (PAH), where it has launched several therapies designed to improve functional capacity and quality of life for patients. Its marketed products include continuous infusion treprostinil (Remodulin), inhaled treprostinil (Tyvaso), oral treprostinil (Orenitram) and tadalafil (Adcirca), each tailored to different modes of administration and patient needs.

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Insider Buying and Selling by Quarter for United Therapeutics (NASDAQ:UTHR)

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