Agios Pharmaceuticals Inc (AGIO) Insider Sells $155,300.00 in Stock

Agios Pharmaceuticals Inc (NASDAQ:AGIO) insider Christopher Bowden sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $77.65, for a total value of $155,300.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

  • On Thursday, February 1st, Christopher Bowden sold 2,000 shares of Agios Pharmaceuticals stock. The stock was sold at an average price of $78.75, for a total value of $157,500.00.

Agios Pharmaceuticals Inc (AGIO) opened at $81.81 on Friday. Agios Pharmaceuticals Inc has a one year low of $45.11 and a one year high of $83.92. The company has a market capitalization of $4,690.00, a P/E ratio of -12.14 and a beta of 2.12.

Agios Pharmaceuticals (NASDAQ:AGIO) last released its quarterly earnings results on Wednesday, February 14th. The biopharmaceutical company reported ($1.81) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.65) by ($0.16). The firm had revenue of $9.80 million during the quarter, compared to the consensus estimate of $12.65 million. Agios Pharmaceuticals had a negative net margin of 731.60% and a negative return on equity of 76.67%. The business’s revenue for the quarter was down 56.7% compared to the same quarter last year. During the same quarter last year, the firm earned ($1.34) earnings per share. equities analysts expect that Agios Pharmaceuticals Inc will post -6.15 EPS for the current year.

Several brokerages have recently commented on AGIO. SunTrust Banks reiterated a “buy” rating and set a $101.00 target price (up from $80.00) on shares of Agios Pharmaceuticals in a research note on Thursday, February 15th. Credit Suisse Group lifted their target price on Agios Pharmaceuticals from $66.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, February 15th. They noted that the move was a valuation call. JPMorgan Chase & Co. lifted their target price on Agios Pharmaceuticals from $76.00 to $85.00 and gave the stock an “overweight” rating in a research note on Thursday, February 15th. UBS Group downgraded Agios Pharmaceuticals from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 14th. Finally, Needham & Company LLC lifted their target price on Agios Pharmaceuticals from $72.00 to $86.00 and gave the stock a “buy” rating in a research note on Thursday, February 15th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Agios Pharmaceuticals currently has an average rating of “Buy” and a consensus target price of $85.50.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Agios Pharmaceuticals by 41.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,600 shares of the biopharmaceutical company’s stock valued at $149,000 after purchasing an additional 762 shares during the period. QS Investors LLC bought a new stake in Agios Pharmaceuticals in the 2nd quarter valued at $144,000. State of Alaska Department of Revenue bought a new stake in Agios Pharmaceuticals in the 4th quarter valued at $160,000. Teacher Retirement System of Texas bought a new stake in Agios Pharmaceuticals in the 3rd quarter valued at $225,000. Finally, S&CO Inc. bought a new stake in Agios Pharmaceuticals in the 3rd quarter valued at $227,000. Institutional investors and hedge funds own 84.04% of the company’s stock.

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Agios Pharmaceuticals Company Profile

Agios Pharmaceuticals, Inc is a clinical-stage biopharmaceutical company. The Company’s therapeutic areas of focus are cancer and rare genetic metabolic disorders, which are a group of over 600 rare genetic diseases caused by mutations, or defects, of single metabolic genes. The Company’s cancer product candidates are enasidenib and ivosidenib (AG-120), which target mutated isocitrate dehydrogenase 2 (IDH2) and isocitrate dehydrogenase 1 (IDH1), respectively, and AG-881, which targets both mutated IDH1 and mutated IDH2.

Insider Buying and Selling by Quarter for Agios Pharmaceuticals (NASDAQ:AGIO)

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