Assembly Biosciences, Inc. (ASMB) Director William R. Ringo Sells 1,000 Shares

Assembly Biosciences, Inc. (NASDAQ:ASMB) Director William R. Ringo sold 1,000 shares of the stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $33.70, for a total transaction of $33,700.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of Assembly Biosciences, Inc. (ASMB) opened at 31.20 on Wednesday. The firm has a 50-day moving average of $31.28 and a 200 day moving average of $25.26. The firm’s market capitalization is $541.76 million. Assembly Biosciences, Inc. has a 52 week low of $10.93 and a 52 week high of $36.31.

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Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Assembly Biosciences by 11.2% during the 1st quarter. Vanguard Group Inc. now owns 503,851 shares of the biopharmaceutical company’s stock worth $12,843,000 after acquiring an additional 50,615 shares in the last quarter. AXA acquired a new position in Assembly Biosciences during the 2nd quarter worth approximately $2,477,000. Lyon Street Capital LLC acquired a new position in Assembly Biosciences during the 1st quarter worth approximately $767,000. JPMorgan Chase & Co. acquired a new position in Assembly Biosciences during the 2nd quarter worth approximately $3,426,000. Finally, Geode Capital Management LLC grew its holdings in Assembly Biosciences by 32.3% during the 1st quarter. Geode Capital Management LLC now owns 97,964 shares of the biopharmaceutical company’s stock worth $2,497,000 after acquiring an additional 23,926 shares in the last quarter. Institutional investors own 72.27% of the company’s stock.

A number of research firms have recently issued reports on ASMB. Chardan Capital reiterated a “buy” rating on shares of Assembly Biosciences in a research note on Sunday, September 17th. BidaskClub upgraded shares of Assembly Biosciences from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 3rd. Finally, Zacks Investment Research upgraded shares of Assembly Biosciences from a “sell” rating to a “hold” rating in a research note on Tuesday, October 10th.

Assembly Biosciences Company Profile

Assembly Biosciences, Inc is a biotechnology company. The Company is engaged in developing two platform programs, such as a class of oral therapeutics for the treatment of hepatitis B virus (HBV) infection, and a class of oral synthetic live therapeutics, which are designed to restore health to a dysbiotic microbiome.

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