Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) insider Jacques Dumas sold 7,167 shares of Tetraphase Pharmaceuticals stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $6.21, for a total transaction of $44,507.07. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Jacques Dumas also recently made the following trade(s):
- On Tuesday, January 30th, Jacques Dumas sold 8,750 shares of Tetraphase Pharmaceuticals stock. The stock was sold at an average price of $6.22, for a total transaction of $54,425.00.
- On Tuesday, October 31st, Jacques Dumas sold 8,750 shares of Tetraphase Pharmaceuticals stock. The stock was sold at an average price of $6.03, for a total transaction of $52,762.50.
Shares of Tetraphase Pharmaceuticals Inc (TTPH) traded down $0.14 on Friday, reaching $5.39. 540,279 shares of the company’s stock traded hands, compared to its average volume of 366,890. Tetraphase Pharmaceuticals Inc has a 52 week low of $3.65 and a 52 week high of $9.93. The firm has a market cap of $278.10, a PE ratio of -1.88 and a beta of 2.29.
Tetraphase Pharmaceuticals (NASDAQ:TTPH) last announced its earnings results on Thursday, November 2nd. The biopharmaceutical company reported ($0.63) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.63). Tetraphase Pharmaceuticals had a negative net margin of 1,382.33% and a negative return on equity of 88.27%. The company had revenue of $4.10 million for the quarter, compared to analysts’ expectations of $1.59 million. During the same quarter in the previous year, the company posted ($0.58) EPS. The firm’s quarterly revenue was up 355.6% on a year-over-year basis. sell-side analysts expect that Tetraphase Pharmaceuticals Inc will post -2.88 EPS for the current fiscal year.
TTPH has been the subject of several recent analyst reports. HC Wainwright boosted their price target on shares of Tetraphase Pharmaceuticals from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, November 6th. Zacks Investment Research lowered shares of Tetraphase Pharmaceuticals from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. BidaskClub lowered shares of Tetraphase Pharmaceuticals from a “hold” rating to a “sell” rating in a report on Friday. Finally, ValuEngine lowered shares of Tetraphase Pharmaceuticals from a “sell” rating to a “strong sell” rating in a report on Friday, December 1st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $15.15.
Institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC acquired a new stake in Tetraphase Pharmaceuticals during the 3rd quarter worth $107,000. Brighton Jones LLC acquired a new stake in Tetraphase Pharmaceuticals during the 3rd quarter worth $108,000. AXA acquired a new stake in Tetraphase Pharmaceuticals during the 2nd quarter worth $132,000. Virtu KCG Holdings LLC acquired a new stake in Tetraphase Pharmaceuticals during the 2nd quarter worth $147,000. Finally, Voya Investment Management LLC boosted its position in shares of Tetraphase Pharmaceuticals by 17.8% during the 2nd quarter. Voya Investment Management LLC now owns 20,583 shares of the biopharmaceutical company’s stock valued at $147,000 after acquiring an additional 3,104 shares during the last quarter. 58.57% of the stock is currently owned by institutional investors.
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About Tetraphase Pharmaceuticals
Tetraphase Pharmaceuticals, Inc is a clinical-stage biopharmaceutical company. The Company uses its chemistry technology to create antibiotics for multidrug-resistant infections. The Company is developing its lead product candidate, eravacycline, a fully synthetic tetracycline derivative, as a spectrum intravenous (IV) and oral antibiotic for use as a first-line empiric monotherapy for the treatment of multidrug-resistant infections, including multidrug-resistant gram-negative infections.
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