Stock Exchanging Hands at a Rapid Volume Today: Nektar Therapeutics (NASDAQ:NKTR)


Da Davidson And holds 0% in Nektar Therapeutics (NASDAQ:NKTR) or 4,600 shares. Looking back over the past month, company shares are 41.18%. State Street Corp raised its stake in shares of Nektar Therapeutics by 11.3% in the second quarter. American International Group Inc. now owns 118,366 shares of the biopharmaceutical company's stock worth $2,841,000 after purchasing an additional 6,476 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Nektar Therapeutics by 34.0% during the first quarter. Municipal Employees Retirement System of MI now owns 30,250 shares of the biopharmaceutical company's stock valued at $520,000 after buying an additional 490 shares during the last quarter. Boothbay Fund Mgmt Limited Liability accumulated 46,562 shares or 0.06% of the stock. Schwab Charles Investment Management Inc. now owns 703,282 shares of the biopharmaceutical company's stock valued at $16,879,000 after acquiring an additional 48,435 shares during the period. Finally, Piedmont Investment Advisors LLC boosted its stake in Nektar Therapeutics by 264.6% during the 2nd quarter. Over the past month the firm's stock is -25.29%, -14.95% for the last quarter, -27.89% for the past six-months and -59.86% for the previous year. Hedge funds and other institutional investors own 85.85% of the company's stock.

NJ State Employees Deferred Compensation Plan decreased its position in shares of Nektar Therapeutics (NASDAQ:NKTR) by 33.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.

Trading volume is a hugely important consideration for any investor. The company's market cap is $1.95 billion. Nektar Therapeutics has a 1 year low of $11.41 and a 1 year high of $33.67.

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We see here that the stock is -51.06% away from the 20-Day Simple Moving Average.

Nektar Therapeutics (NASDAQ:NKTR) last announced its earnings results on Tuesday, November 7th. After $0.21 actual earnings per share reported by Cypress Semiconductor Corporation for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth. Nektar Therapeutics had a negative net margin of 42.08% and a negative return on equity of 190.68%. The firm had revenue of $152.90 million for the quarter, compared to the consensus estimate of $126.50 million. Parametric Port Assoc Lc invested in 0.01% or 325,501 shares. The business's revenue was down 39.4% on a year-over-year basis.

The Stock had a 1.33 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.33 and 1 respectively.

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Several analysts recently commented on the company.

Nektar Therapeutics (NASDAQ:NKTR)'s shares may have a significant upside to the consensus target of 29.55, but how has it been performing relative to the market? Aegis Capital initiated Nektar Therapeutics (NASDAQ:NKTR) on Tuesday, November 8 with "Buy" rating. Mizuho began coverage on shares of Nektar Therapeutics in a research report on Tuesday, September 26th. The stock has "Buy" rating by Jefferies on Wednesday, November 8. Canaccord Genuity assumed coverage on Nektar Therapeutics in a research report on Thursday.

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Nektar Therapeutics on 9/29/2017 reported its EPS as $-0.28 with the analysts projecting the EPS of the stock as $-0.26. One research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the company. The stock of Nektar Therapeutics (NASDAQ:NKTR) has "Buy" rating given on Wednesday, October 18 by Jefferies. Allergan plc's beta is 1.13 whilst the stock has an average true range (ATR) of 5.46. Following the sale, the senior vice president now directly owns 31,102 shares of the company's stock, valued at approximately $600,890.64. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director R Scott Greer acquired 15,000 shares of the firm's stock in a transaction dated Monday, October 24th. The shares were sold at an average price of $19.32, for a total value of $32,863.32. Following the acquisition, the director now directly owns 121,333 shares of the company's stock, valued at $1,637,995.50. The disclosure for this sale can be found here. Insiders own 5.44% of the company's stock.