United Therapeutics Corporation (NASDAQ:UTHR – Get Free Report) CEO Martine Rothblatt sold 9,500 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $530.42, for a total transaction of $5,038,990.00. Following the completion of the sale, the chief executive officer owned 324,443 shares in the company, valued at $172,091,056.06. The trade was a 2.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
United Therapeutics Stock Performance
Shares of United Therapeutics stock traded down $1.44 during trading on Tuesday, hitting $526.50. 62,992 shares of the company’s stock were exchanged, compared to its average volume of 480,858. The stock has a market capitalization of $22.35 billion, a price-to-earnings ratio of 19.47, a PEG ratio of 1.77 and a beta of 0.58. The business has a 50-day simple moving average of $547.10 and a 200-day simple moving average of $531.86. United Therapeutics Corporation has a 52-week low of $272.12 and a 52-week high of $609.35.
United Therapeutics (NASDAQ:UTHR – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The biotechnology company reported $5.82 EPS for the quarter, missing the consensus estimate of $7.00 by ($1.18). The business had revenue of $781.50 million during the quarter, compared to analysts’ expectations of $797.40 million. United Therapeutics had a net margin of 40.62% and a return on equity of 19.24%. United Therapeutics’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $6.63 earnings per share. On average, equities analysts anticipate that United Therapeutics Corporation will post 26.65 earnings per share for the current fiscal year.
Analyst Ratings Changes
Check Out Our Latest Analysis on United Therapeutics
Hedge Funds Weigh In On United Therapeutics
Large investors have recently bought and sold shares of the business. Avoro Capital Advisors LLC grew its holdings in United Therapeutics by 17.3% in the fourth quarter. Avoro Capital Advisors LLC now owns 2,606,060 shares of the biotechnology company’s stock valued at $1,269,803,000 after purchasing an additional 383,838 shares during the period. Wellington Management Group LLP raised its stake in shares of United Therapeutics by 74.5% during the 4th quarter. Wellington Management Group LLP now owns 2,441,492 shares of the biotechnology company’s stock worth $1,189,617,000 after buying an additional 1,042,711 shares during the period. AQR Capital Management LLC raised its stake in shares of United Therapeutics by 29.9% during the 4th quarter. AQR Capital Management LLC now owns 1,281,699 shares of the biotechnology company’s stock worth $624,508,000 after buying an additional 295,221 shares during the period. Janus Henderson Group PLC lifted its position in shares of United Therapeutics by 8.9% during the 1st quarter. Janus Henderson Group PLC now owns 866,930 shares of the biotechnology company’s stock valued at $514,016,000 after buying an additional 70,829 shares in the last quarter. Finally, Norges Bank acquired a new stake in United Therapeutics in the 4th quarter valued at $293,418,000. Institutional investors and hedge funds own 94.08% of the company’s stock.
United Therapeutics Company Profile
United Therapeutics Corporation (NASDAQ: UTHR) is a biotechnology company dedicated to the development and commercialization of unique products to address life-threatening illnesses. The company’s primary focus has been on pulmonary arterial hypertension (PAH), where it has launched several therapies designed to improve functional capacity and quality of life for patients. Its marketed products include continuous infusion treprostinil (Remodulin), inhaled treprostinil (Tyvaso), oral treprostinil (Orenitram) and tadalafil (Adcirca), each tailored to different modes of administration and patient needs.
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