Emerald Advisers Inc. PA decreased its position in shares of Supernus Pharmaceuticals Inc (NASDAQ:SUPN) by 8.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 552,942 shares of the specialty pharmaceutical company’s stock after selling 52,978 shares during the quarter. Emerald Advisers Inc. PA owned about 1.08% of Supernus Pharmaceuticals worth $22,035,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Thomson Horstmann & Bryant Inc. increased its holdings in shares of Supernus Pharmaceuticals by 8.8% during the fourth quarter. Thomson Horstmann & Bryant Inc. now owns 28,556 shares of the specialty pharmaceutical company’s stock valued at $1,137,000 after acquiring an additional 2,305 shares in the last quarter. Neuberger Berman Group LLC bought a new stake in Supernus Pharmaceuticals during the third quarter worth $660,000. Braun Stacey Associates Inc. bought a new stake in Supernus Pharmaceuticals during the fourth quarter worth $440,000. Royal Bank of Canada grew its holdings in Supernus Pharmaceuticals by 790.8% during the second quarter. Royal Bank of Canada now owns 271,451 shares of the specialty pharmaceutical company’s stock worth $11,699,000 after buying an additional 240,978 shares in the last quarter. Finally, First Trust Advisors LP bought a new stake in Supernus Pharmaceuticals during the third quarter worth $2,255,000. Hedge funds and other institutional investors own 98.20% of the company’s stock.
In related news, VP Victor Vaughn sold 5,750 shares of the stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $45.03, for a total transaction of $258,922.50. Following the sale, the vice president now owns 15,094 shares of the company’s stock, valued at approximately $679,682.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Padmanabh P. Bhatt sold 20,000 shares of the firm’s stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $48.04, for a total value of $960,800.00. Following the completion of the sale, the vice president now directly owns 32,500 shares in the company, valued at approximately $1,561,300. The disclosure for this sale can be found here. Insiders have sold a total of 165,750 shares of company stock worth $7,133,973 in the last three months. 6.70% of the stock is currently owned by insiders.
Several brokerages recently issued reports on SUPN. Zacks Investment Research upgraded Supernus Pharmaceuticals from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a report on Wednesday, January 10th. BidaskClub upgraded Supernus Pharmaceuticals from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 11th. Berenberg Bank assumed coverage on Supernus Pharmaceuticals in a research note on Thursday, February 1st. They issued a “buy” rating and a $66.00 price objective for the company. B. Riley restated a “buy” rating and issued a $50.00 price objective (down previously from $53.00) on shares of Supernus Pharmaceuticals in a research note on Monday, November 6th. Finally, SunTrust Banks restated a “buy” rating and issued a $61.00 price objective on shares of Supernus Pharmaceuticals in a research note on Friday, November 3rd. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Supernus Pharmaceuticals currently has an average rating of “Buy” and a consensus price target of $51.36.
Shares of Supernus Pharmaceuticals Inc (NASDAQ SUPN) traded down $0.55 during midday trading on Wednesday, hitting $38.10. The stock had a trading volume of 306,400 shares, compared to its average volume of 748,328. Supernus Pharmaceuticals Inc has a 1 year low of $24.65 and a 1 year high of $50.04. The stock has a market cap of $2,020.00, a PE ratio of 34.64 and a beta of 1.08.
Supernus Pharmaceuticals (NASDAQ:SUPN) last issued its quarterly earnings results on Monday, November 6th. The specialty pharmaceutical company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. Supernus Pharmaceuticals had a return on equity of 26.37% and a net margin of 20.98%. The firm had revenue of $80.40 million for the quarter, compared to analysts’ expectations of $78.74 million. The business’s quarterly revenue was up 41.5% compared to the same quarter last year. equities analysts predict that Supernus Pharmaceuticals Inc will post 1.07 earnings per share for the current year.
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Supernus Pharmaceuticals Profile
Supernus Pharmaceuticals, Inc is a pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system diseases. The Company offers Oxtellar XR (extended-release oxcarbazepine) and Trokendi XR (extended-release topiramate), its two treatments for patients with epilepsy.
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