Repligen Co. (NASDAQ:RGEN) Insider Christine Gebski Sells 3,357 Shares

Repligen Co. (NASDAQ:RGENGet Rating) insider Christine Gebski sold 3,357 shares of the firm’s stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $243.01, for a total value of $815,784.57. Following the completion of the sale, the insider now owns 30,735 shares of the company’s stock, valued at $7,468,912.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Repligen Trading Up 1.2 %

Shares of RGEN opened at $246.27 on Friday. Repligen Co. has a 1 year low of $137.21 and a 1 year high of $327.32. The stock has a market cap of $13.40 billion, a P/E ratio of 88.91 and a beta of 1.07. The stock’s 50-day moving average price is $175.20 and its two-hundred day moving average price is $174.08.

Repligen (NASDAQ:RGENGet Rating) last released its quarterly earnings results on Tuesday, August 2nd. The biotechnology company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.19. The company had revenue of $207.63 million for the quarter, compared to analyst estimates of $189.06 million. Repligen had a return on equity of 11.18% and a net margin of 20.47%. Repligen’s revenue was up 27.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.79 earnings per share. As a group, equities analysts forecast that Repligen Co. will post 3.21 EPS for the current year.

Institutional Investors Weigh In On Repligen

A number of hedge funds have recently modified their holdings of the business. Greenwood Capital Associates LLC raised its position in shares of Repligen by 1.7% during the fourth quarter. Greenwood Capital Associates LLC now owns 3,490 shares of the biotechnology company’s stock worth $924,000 after purchasing an additional 60 shares during the period. Intrust Bank NA raised its position in shares of Repligen by 3.6% during the fourth quarter. Intrust Bank NA now owns 1,908 shares of the biotechnology company’s stock worth $505,000 after purchasing an additional 66 shares during the period. Exchange Traded Concepts LLC raised its position in Repligen by 2.3% in the 2nd quarter. Exchange Traded Concepts LLC now owns 2,996 shares of the biotechnology company’s stock valued at $487,000 after buying an additional 68 shares during the last quarter. Veritable L.P. raised its position in Repligen by 4.8% in the 1st quarter. Veritable L.P. now owns 1,556 shares of the biotechnology company’s stock valued at $293,000 after buying an additional 71 shares during the last quarter. Finally, Park Avenue Securities LLC raised its position in Repligen by 2.5% in the 1st quarter. Park Avenue Securities LLC now owns 3,118 shares of the biotechnology company’s stock valued at $586,000 after buying an additional 75 shares during the last quarter. Institutional investors and hedge funds own 86.82% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on RGEN shares. Craig Hallum decreased their price target on Repligen from $286.00 to $274.00 in a report on Thursday, April 28th. Stephens raised their price target on Repligen from $220.00 to $275.00 and gave the company an “overweight” rating in a report on Wednesday. KeyCorp raised their price target on Repligen from $245.00 to $260.00 and gave the company an “overweight” rating in a report on Wednesday. SVB Leerink raised their price target on Repligen from $220.00 to $250.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, UBS Group started coverage on Repligen in a report on Wednesday, July 20th. They issued a “buy” rating and a $213.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Repligen has an average rating of “Moderate Buy” and an average target price of $276.00.

Repligen Company Profile

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Repligen Corporation develops and commercializes bioprocessing technologies and systems for use in biological drug manufacturing process in North America, Europe, the Asia Pacific, and internationally. It offers Protein A ligands that are the binding components of Protein A affinity chromatography resins; and cell culture growth factor products.

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Insider Buying and Selling by Quarter for Repligen (NASDAQ:RGEN)

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