Atara Biotherapeutics Inc (ATRA) CEO Isaac E. Ciechanover Sells 28,700 Shares

Atara Biotherapeutics Inc (NASDAQ:ATRA) CEO Isaac E. Ciechanover sold 28,700 shares of the stock in a transaction on Friday, January 12th. The stock was sold at an average price of $21.39, for a total transaction of $613,893.00. Following the completion of the sale, the chief executive officer now directly owns 743,675 shares of the company’s stock, valued at approximately $15,907,208.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Atara Biotherapeutics Inc (NASDAQ:ATRA) traded up $6.10 on Friday, reaching $28.25. 3,694,136 shares of the company were exchanged, compared to its average volume of 1,425,678. The firm has a market cap of $864.33, a price-to-earnings ratio of -8.14 and a beta of 1.27. Atara Biotherapeutics Inc has a 1-year low of $11.80 and a 1-year high of $30.40.

Atara Biotherapeutics (NASDAQ:ATRA) last released its quarterly earnings results on Thursday, November 9th. The biotechnology company reported ($1.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.97) by ($0.05). sell-side analysts anticipate that Atara Biotherapeutics Inc will post -4 earnings per share for the current year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ATRA. Schwab Charles Investment Management Inc. boosted its stake in Atara Biotherapeutics by 16.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 92,974 shares of the biotechnology company’s stock valued at $1,302,000 after acquiring an additional 13,394 shares during the last quarter. Rhumbline Advisers boosted its stake in Atara Biotherapeutics by 11.3% during the 2nd quarter. Rhumbline Advisers now owns 31,373 shares of the biotechnology company’s stock valued at $439,000 after acquiring an additional 3,175 shares during the last quarter. State of Wisconsin Investment Board bought a new position in Atara Biotherapeutics during the 2nd quarter valued at $252,000. Bank of New York Mellon Corp boosted its stake in Atara Biotherapeutics by 4.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 125,713 shares of the biotechnology company’s stock valued at $1,760,000 after acquiring an additional 5,616 shares during the last quarter. Finally, Marshall Wace North America L.P. bought a new position in Atara Biotherapeutics during the 2nd quarter valued at $425,000. 85.61% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have recently issued reports on the stock. BidaskClub raised shares of Atara Biotherapeutics from a “hold” rating to a “buy” rating in a research report on Thursday. Citigroup raised shares of Atara Biotherapeutics from a “sell” rating to a “neutral” rating and set a $18.00 price objective for the company in a research report on Wednesday, January 3rd. ValuEngine raised shares of Atara Biotherapeutics from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. Canaccord Genuity reissued a “buy” rating on shares of Atara Biotherapeutics in a research report on Friday, December 29th. Finally, Goldman Sachs Group reaffirmed a “neutral” rating and set a $20.00 price target on shares of Atara Biotherapeutics in a report on Friday, October 6th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $26.00.

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Atara Biotherapeutics Company Profile

Atara Biotherapeutics, Inc is a clinical-stage biopharmaceutical company. The Company is focused on developing therapies for patients with severe and life-threatening diseases. The Company operates through the business of developing and commercializing therapeutics segment. The Company is focused on developing allogeneic or third-party derived antigen-specific T-cells.

Insider Buying and Selling by Quarter for Atara Biotherapeutics (NASDAQ:ATRA)

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