Neurocrine Biosciences, Inc. (NASDAQ:NBIX – Get Free Report) insider Darin Lippoldt sold 200 shares of the firm’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $169.56, for a total value of $33,912.00. Following the sale, the insider directly owned 54,729 shares in the company, valued at approximately $9,279,849.24. This represents a 0.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Darin Lippoldt also recently made the following trade(s):
- On Monday, June 29th, Darin Lippoldt sold 9,800 shares of Neurocrine Biosciences stock. The shares were sold at an average price of $170.16, for a total value of $1,667,568.00.
Neurocrine Biosciences Stock Performance
NASDAQ NBIX opened at $174.26 on Friday. The business has a 50 day simple moving average of $155.13 and a 200 day simple moving average of $141.58. Neurocrine Biosciences, Inc. has a 52-week low of $122.14 and a 52-week high of $174.38. The stock has a market cap of $17.52 billion, a price-to-earnings ratio of 26.85, a PEG ratio of 0.67 and a beta of 0.39.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on Neurocrine Biosciences
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. USA Financial Formulas acquired a new position in shares of Neurocrine Biosciences during the 4th quarter worth about $25,000. Geneos Wealth Management Inc. raised its holdings in Neurocrine Biosciences by 143.6% during the first quarter. Geneos Wealth Management Inc. now owns 229 shares of the company’s stock worth $25,000 after acquiring an additional 135 shares in the last quarter. DJE Kapital AG bought a new stake in Neurocrine Biosciences during the fourth quarter worth about $28,000. Basecamp Wealth Advisors LLC boosted its position in Neurocrine Biosciences by 582.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 239 shares of the company’s stock valued at $31,000 after purchasing an additional 204 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC acquired a new position in Neurocrine Biosciences during the first quarter valued at approximately $33,000. Institutional investors own 92.59% of the company’s stock.
Neurocrine Biosciences Company Profile
Neurocrine Biosciences (NASDAQ: NBIX) is a biopharmaceutical company based in San Diego, California, focused on developing treatments for neurological, endocrine and neuropsychiatric disorders. Since its founding in 1992, the company has pursued a research‐driven strategy aimed at addressing unmet medical needs in movement disorders, reproductive health and central nervous system conditions. Neurocrine’s operations encompass drug discovery, clinical development and commercialization activities.
The company’s lead marketed product, Ingrezza™ (valbenazine), is indicated for the treatment of tardive dyskinesia, a movement disorder associated with long-term antipsychotic use.
Recommended Stories
- Five stocks we like better than Neurocrine Biosciences
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Receive News & Ratings for Neurocrine Biosciences Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neurocrine Biosciences and related companies with MarketBeat.com's FREE daily email newsletter.
