Esperion Therapeutics, Inc. (NASDAQ:ESPR – Get Free Report) insider Benjamin Looker sold 11,824 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $3.15, for a total transaction of $37,245.60. Following the completion of the transaction, the insider directly owned 667,524 shares in the company, valued at approximately $2,102,700.60. The trade was a 1.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Esperion Therapeutics Price Performance
Shares of Esperion Therapeutics stock traded down $0.02 on Thursday, hitting $3.15. 17,492,649 shares of the company’s stock traded hands, compared to its average volume of 9,162,250. The firm’s 50-day moving average price is $2.75 and its two-hundred day moving average price is $3.12. The stock has a market capitalization of $811.72 million, a PE ratio of -52.50, a price-to-earnings-growth ratio of 2.57 and a beta of 1.07. Esperion Therapeutics, Inc. has a one year low of $0.95 and a one year high of $4.18.
Esperion Therapeutics (NASDAQ:ESPR – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The biopharmaceutical company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.08). Esperion Therapeutics had a negative return on equity of 0.14% and a net margin of 0.12%.The company had revenue of $80.10 million during the quarter, compared to the consensus estimate of $84.52 million.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
ESPR has been the topic of several recent analyst reports. Citizens Jmp lowered shares of Esperion Therapeutics from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Jefferies Financial Group downgraded shares of Esperion Therapeutics from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Esperion Therapeutics in a research note on Tuesday, April 21st. Piper Sandler cut Esperion Therapeutics from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Finally, Needham & Company LLC downgraded shares of Esperion Therapeutics from a “buy” rating to a “hold” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $5.54.
Get Our Latest Stock Analysis on Esperion Therapeutics
About Esperion Therapeutics
Esperion Therapeutics, Inc is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of oral, low–density lipoprotein cholesterol (LDL-C)–lowering therapies. The company’s research and development efforts center on small-molecule compounds designed to address atherosclerotic cardiovascular disease by targeting cholesterol biosynthesis pathways. Esperion seeks to provide novel treatment options for patients who require additional LDL-C reduction beyond what is achieved with statins or who are statin-intolerant.
The company’s lead products include NEXLETOL (bempedoic acid), an oral adenosine triphosphate–citrate lyase (ACL) inhibitor approved by the U.S.
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