Neumora Therapeutics, Inc. (NASDAQ:NMRA – Get Free Report) insider Daljit Singh Aurora sold 91,690 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $1.50, for a total value of $137,535.00. Following the completion of the transaction, the insider directly owned 48,750 shares in the company, valued at $73,125. This trade represents a 65.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Daljit Singh Aurora also recently made the following trade(s):
- On Wednesday, August 19th, Daljit Singh Aurora sold 30,918 shares of Neumora Therapeutics stock. The stock was sold at an average price of $1.65, for a total transaction of $51,014.70.
- On Wednesday, August 19th, Daljit Singh Aurora sold 31,000 shares of Neumora Therapeutics stock. The shares were sold at an average price of $1.65, for a total value of $51,150.00.
- On Monday, August 17th, Daljit Singh Aurora sold 55,016 shares of Neumora Therapeutics stock. The shares were sold at an average price of $1.50, for a total value of $82,524.00.
- On Tuesday, August 18th, Daljit Singh Aurora sold 34,987 shares of Neumora Therapeutics stock. The shares were sold at an average price of $1.59, for a total value of $55,629.33.
- On Tuesday, August 18th, Daljit Singh Aurora sold 34,162 shares of Neumora Therapeutics stock. The shares were sold at an average price of $1.58, for a total value of $53,975.96.
Neumora Therapeutics Stock Performance
Neumora Therapeutics stock remained flat at $1.64 during midday trading on Wednesday. The company had a trading volume of 716,090 shares, compared to its average volume of 699,708. Neumora Therapeutics, Inc. has a 12-month low of $0.83 and a 12-month high of $3.65. The stock has a fifty day simple moving average of $1.61 and a two-hundred day simple moving average of $2.11. The company has a debt-to-equity ratio of 1.19, a quick ratio of 5.09 and a current ratio of 4.50.
Institutional Trading of Neumora Therapeutics
Several institutional investors and hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP bought a new position in Neumora Therapeutics during the 2nd quarter worth approximately $27,519,000. Bank of America Corp DE bought a new stake in shares of Neumora Therapeutics in the 2nd quarter valued at approximately $171,000. ADAR1 Capital Management LLC bought a new stake in shares of Neumora Therapeutics in the 2nd quarter valued at approximately $357,000. Canada Pension Plan Investment Board acquired a new stake in shares of Neumora Therapeutics during the 2nd quarter valued at approximately $337,000. Finally, The Manufacturers Life Insurance Company bought a new position in Neumora Therapeutics during the second quarter worth $44,000. Institutional investors and hedge funds own 47.65% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently commented on NMRA. Royal Bank Of Canada reduced their price target on Neumora Therapeutics from $7.00 to $5.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Weiss Ratings lowered Neumora Therapeutics from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, August 14th. Wall Street Zen upgraded Neumora Therapeutics from a “strong sell” rating to a “sell” rating in a research note on Saturday. Needham & Company LLC decreased their price target on shares of Neumora Therapeutics from $8.00 to $5.00 and set a “buy” rating for the company in a research report on Tuesday, June 16th. Finally, Mizuho dropped their price target on shares of Neumora Therapeutics from $6.00 to $4.00 and set an “outperform” rating for the company in a research note on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $6.57.
Read Our Latest Report on Neumora Therapeutics
Trending Headlines about Neumora Therapeutics
Here are the key news stories impacting Neumora Therapeutics this week:
- Positive Sentiment: HC Wainwright raised its FY2026 EPS forecast to a loss of $0.89 from $1.29 and its FY2027 forecast to a loss of $0.68 from $1.25, indicating analysts expect substantially narrower losses over the next two years.
- Positive Sentiment: The firm also improved its quarterly outlook, forecasting a Q3 2026 loss of $0.20 per share versus $0.32 previously and a Q4 2026 loss of $0.16 versus $0.30 previously.
- Positive Sentiment: Longer-term estimates were upgraded sharply: FY2028’s projected loss narrowed to $0.52 from $1.10, FY2029 moved to projected profit of $0.20 from a $0.26 loss, and FY2030 profit expectations increased to $1.83 from $1.51 per share. These changes imply a faster potential transition to profitability.
- Positive Sentiment: HC Wainwright’s current estimates call for losses of $0.15, $0.16, $0.19 and $0.17 per share in the first four quarters of 2027, respectively, with full-year 2027 losses of $0.68. The firm’s continued Buy rating provides additional support for investor sentiment.
- Neutral Sentiment: Neumora remains unprofitable, with the broader current-year consensus at a loss of $0.93 per share. The company’s shares are trading well below their 200-day moving average and remain near the lower portion of their 12-month range, underscoring continued execution and financing risks despite the improved forecasts.
About Neumora Therapeutics
Neumora Therapeutics, headquartered in Cambridge, Massachusetts, is a clinical-stage biopharmaceutical company focused on developing precision therapies for disorders of the central nervous system. The company applies an integrated approach that combines advanced biological insights, single-cell genomics and machine learning to accelerate the discovery and development of novel treatments for neurological and psychiatric diseases.
Neumora’s product pipeline spans small molecules, biologics and gene-based modalities targeting areas of high unmet need such as neurodegenerative conditions, mood and anxiety disorders, neuropathic pain and movement disorders.
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