FibroGen Inc (NASDAQ:FGEN) Director Kalevi Kurkijarvi sold 2,000 shares of the company’s stock in a transaction dated Monday, April 17th. The stock was sold at an average price of $25.25, for a total transaction of $50,500.00. Following the completion of the transaction, the director now owns 38,000 shares in the company, valued at $959,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Kalevi Kurkijarvi also recently made the following trade(s):
- On Thursday, February 16th, Kalevi Kurkijarvi sold 2,000 shares of FibroGen stock. The stock was sold at an average price of $24.45, for a total transaction of $48,900.00.
- On Thursday, January 19th, Kalevi Kurkijarvi sold 2,000 shares of FibroGen stock. The stock was sold at an average price of $24.90, for a total transaction of $49,800.00.
Shares of FibroGen Inc (NASDAQ:FGEN) traded up 1.94% on Thursday, reaching $26.25. 223,102 shares of the company’s stock traded hands. The firm’s 50 day moving average is $25.12 and its 200 day moving average is $22.40. The firm’s market capitalization is $1.68 billion. FibroGen Inc has a 52 week low of $14.50 and a 52 week high of $27.30.
FibroGen (NASDAQ:FGEN) last announced its quarterly earnings results on Wednesday, March 1st. The biopharmaceutical company reported ($0.54) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.53) by $0.01. The business earned $31.91 million during the quarter, compared to analyst estimates of $19.29 million. FibroGen had a negative net margin of 45.93% and a negative return on equity of 40.38%. Analysts expect that FibroGen Inc will post ($2.05) earnings per share for the current fiscal year.
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FGEN has been the topic of a number of research analyst reports. Royal Bank of Canada restated a “buy” rating on shares of FibroGen in a report on Wednesday, January 18th. Stifel Nicolaus restated a “positive” rating and issued a $33.00 price target on shares of FibroGen in a report on Wednesday, January 18th. Finally, Zacks Investment Research upgraded shares of FibroGen from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a report on Friday, January 20th. Five equities research analysts have rated the stock with a buy rating, FibroGen has an average rating of “Buy” and a consensus target price of $37.50.
Institutional investors have recently made changes to their positions in the stock. Capital Impact Advisors LLC increased its position in shares of FibroGen by 8.7% in the first quarter. Capital Impact Advisors LLC now owns 46,710 shares of the biopharmaceutical company’s stock worth $1,151,000 after buying an additional 3,727 shares during the period. Teachers Advisors LLC increased its position in shares of FibroGen by 0.9% in the third quarter. Teachers Advisors LLC now owns 445,357 shares of the biopharmaceutical company’s stock worth $9,219,000 after buying an additional 3,790 shares during the period. Sei Investments Co. increased its position in shares of FibroGen by 42.6% in the third quarter. Sei Investments Co. now owns 16,077 shares of the biopharmaceutical company’s stock worth $333,000 after buying an additional 4,805 shares during the period. TLP Group LLC acquired a new position in shares of FibroGen during the third quarter worth about $108,000. Finally, Rothschild Asset Management Inc. increased its position in shares of FibroGen by 4.5% in the third quarter. Rothschild Asset Management Inc. now owns 131,848 shares of the biopharmaceutical company’s stock worth $2,729,000 after buying an additional 5,674 shares during the period. 47.74% of the stock is owned by hedge funds and other institutional investors.
FibroGen Company Profile
FibroGen, Inc is a science-based biopharmaceutical company. The Company is engaged in the discovery, development and commercialization of therapeutics to treat serious unmet medical needs. Its lead product candidate is roxadustat (FG-4592). It is also engaged in developing products, such as FG-6874, FG-3019 and FG-5200.
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