Maze Therapeutics (NASDAQ:MAZE) CEO Sells $1,034,339.98 in Stock

Maze Therapeutics, Inc. (NASDAQ:MAZEGet Free Report) CEO Jason Coloma sold 34,501 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $29.98, for a total value of $1,034,339.98. Following the transaction, the chief executive officer owned 23,337 shares of the company’s stock, valued at approximately $699,643.26. This represents a 59.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Maze Therapeutics Trading Up 4.9%

MAZE stock traded up $1.45 on Thursday, reaching $31.26. The company’s stock had a trading volume of 575,498 shares, compared to its average volume of 717,789. The firm has a market cap of $1.73 billion, a PE ratio of -12.36 and a beta of 2.14. The business has a fifty day simple moving average of $25.81 and a two-hundred day simple moving average of $35.73. Maze Therapeutics, Inc. has a 12-month low of $10.98 and a 12-month high of $53.65. The company has a debt-to-equity ratio of 0.11, a quick ratio of 17.88 and a current ratio of 17.88.

Maze Therapeutics (NASDAQ:MAZEGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.43) by ($0.02). The business had revenue of $20.00 million for the quarter. As a group, research analysts forecast that Maze Therapeutics, Inc. will post -2.73 EPS for the current year.

Wall Street Analyst Weigh In

MAZE has been the subject of several research analyst reports. BTIG Research restated a “buy” rating and issued a $46.00 price objective on shares of Maze Therapeutics in a report on Wednesday, March 25th. Guggenheim upped their target price on Maze Therapeutics from $46.00 to $58.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Maze Therapeutics in a research report on Wednesday, June 24th. JPMorgan Chase & Co. raised their target price on Maze Therapeutics from $52.00 to $58.00 and gave the company an “overweight” rating in a research note on Tuesday, March 31st. Finally, Wall Street Zen upgraded Maze Therapeutics from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $66.00.

View Our Latest Stock Analysis on Maze Therapeutics

Institutional Investors Weigh In On Maze Therapeutics

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada increased its stake in shares of Maze Therapeutics by 128.3% during the fourth quarter. Royal Bank of Canada now owns 646 shares of the company’s stock valued at $27,000 after purchasing an additional 363 shares in the last quarter. Ameritas Investment Partners Inc. boosted its position in shares of Maze Therapeutics by 82.6% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,632 shares of the company’s stock worth $42,000 after purchasing an additional 738 shares in the last quarter. California State Teachers Retirement System grew its stake in shares of Maze Therapeutics by 138.0% in the 4th quarter. California State Teachers Retirement System now owns 1,321 shares of the company’s stock worth $55,000 after buying an additional 766 shares during the last quarter. Police & Firemen s Retirement System of New Jersey grew its stake in shares of Maze Therapeutics by 18.5% in the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 5,961 shares of the company’s stock worth $247,000 after buying an additional 931 shares during the last quarter. Finally, GF Fund Management CO. LTD. bought a new position in Maze Therapeutics during the 4th quarter valued at approximately $39,000.

About Maze Therapeutics

(Get Free Report)

Maze Therapeutics, Inc (NASDAQ: MAZE) is a clinical‐stage biotechnology company focused on the discovery and development of novel therapeutics by leveraging insights from human genetics and genomics. The company applies advanced data analytics and proprietary platforms to identify targets with strong genetic validation, aiming to de‐risk early drug discovery and accelerate the development of medicines for patients with serious diseases. Maze’s approach centers on translating naturally occurring human mutations into a deeper understanding of disease biology, with an emphasis on validating therapeutic hypotheses before advancing into the clinic.

Since its inception, Maze has assembled a diversified pipeline of programs across metabolic, immunological and other therapeutic areas.

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