Agios Pharmaceuticals Inc (AGIO) Insider Sells $195,000.00 in Stock

Agios Pharmaceuticals Inc (NASDAQ:AGIO) insider Scott Biller sold 3,000 shares of the business’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $65.00, for a total value of $195,000.00. Following the transaction, the insider now directly owns 56,059 shares of the company’s stock, valued at $3,643,835. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Scott Biller also recently made the following trade(s):

  • On Friday, December 1st, Scott Biller sold 2,146 shares of Agios Pharmaceuticals stock. The shares were sold at an average price of $60.79, for a total value of $130,455.34.
  • On Wednesday, November 1st, Scott Biller sold 2,146 shares of Agios Pharmaceuticals stock. The shares were sold at an average price of $62.69, for a total value of $134,532.74.

Shares of Agios Pharmaceuticals Inc (AGIO) traded up $2.57 during midday trading on Friday, reaching $75.11. The company’s stock had a trading volume of 671,099 shares, compared to its average volume of 419,764. Agios Pharmaceuticals Inc has a one year low of $39.24 and a one year high of $76.02. The stock has a market capitalization of $3,660.00, a PE ratio of -11.98 and a beta of 1.83.

Agios Pharmaceuticals (NASDAQ:AGIO) last issued its quarterly earnings data on Wednesday, November 1st. The biopharmaceutical company reported ($1.59) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($1.78) by $0.19. Agios Pharmaceuticals had a negative return on equity of 69.64% and a negative net margin of 506.39%. The company had revenue of $11.35 million during the quarter, compared to analysts’ expectations of $10.85 million. During the same quarter in the previous year, the business earned ($1.63) earnings per share. The firm’s revenue for the quarter was up 26.4% on a year-over-year basis. equities analysts anticipate that Agios Pharmaceuticals Inc will post -6.59 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the business. QS Investors LLC purchased a new stake in Agios Pharmaceuticals in the second quarter valued at approximately $144,000. Cubist Systematic Strategies LLC lifted its stake in Agios Pharmaceuticals by 1,041.0% in the second quarter. Cubist Systematic Strategies LLC now owns 3,423 shares of the biopharmaceutical company’s stock valued at $176,000 after buying an additional 3,123 shares during the last quarter. Teacher Retirement System of Texas purchased a new stake in Agios Pharmaceuticals in the third quarter valued at approximately $225,000. S&CO Inc. purchased a new stake in Agios Pharmaceuticals in the third quarter valued at approximately $227,000. Finally, Macquarie Group Ltd. purchased a new stake in Agios Pharmaceuticals in the third quarter valued at approximately $245,000. Institutional investors own 93.79% of the company’s stock.

A number of brokerages recently issued reports on AGIO. SunTrust Banks reaffirmed a “buy” rating and issued a $80.00 price target on shares of Agios Pharmaceuticals in a report on Wednesday, October 4th. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $76.00 price target on shares of Agios Pharmaceuticals in a report on Monday, September 18th. Royal Bank of Canada began coverage on Agios Pharmaceuticals in a report on Thursday, September 14th. They issued an “outperform” rating and a $78.00 price target for the company. Credit Suisse Group upped their price target on Agios Pharmaceuticals from $61.00 to $66.00 and gave the company an “outperform” rating in a report on Thursday, November 2nd. Finally, Cann reaffirmed a “buy” rating on shares of Agios Pharmaceuticals in a report on Tuesday, December 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have given a buy rating to the stock. Agios Pharmaceuticals currently has an average rating of “Buy” and an average price target of $75.00.

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About Agios Pharmaceuticals

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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