Atara Biotherapeutics (NASDAQ:ATRA) CEO Isaac E. Ciechanover sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $46.31, for a total value of $46,310.00. Following the completion of the sale, the chief executive officer now owns 812,613 shares of the company’s stock, valued at approximately $37,632,108.03. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Shares of NASDAQ ATRA traded down $1.30 during midday trading on Friday, hitting $35.15. The stock had a trading volume of 358,230 shares, compared to its average volume of 781,519. The stock has a market capitalization of $1,364.73, a P/E ratio of -8.79 and a beta of 2.55. Atara Biotherapeutics has a fifty-two week low of $11.80 and a fifty-two week high of $49.90.
Atara Biotherapeutics (NASDAQ:ATRA) last released its earnings results on Tuesday, February 27th. The biotechnology company reported ($1.15) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($1.15). equities research analysts forecast that Atara Biotherapeutics will post -3.62 earnings per share for the current year.
A number of analysts have commented on ATRA shares. Canaccord Genuity reiterated a “buy” rating on shares of Atara Biotherapeutics in a research report on Friday, December 29th. ValuEngine upgraded Atara Biotherapeutics from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. Citigroup raised Atara Biotherapeutics from a “sell” rating to a “neutral” rating and set a $18.00 price target for the company in a report on Wednesday, January 3rd. BidaskClub raised Atara Biotherapeutics from a “hold” rating to a “buy” rating in a report on Thursday, January 11th. Finally, Cowen started coverage on Atara Biotherapeutics in a report on Friday, January 26th. They set an “outperform” rating for the company. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $33.80.
Institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new stake in shares of Atara Biotherapeutics during the third quarter worth $142,000. Voya Investment Management LLC grew its stake in shares of Atara Biotherapeutics by 16.2% during the second quarter. Voya Investment Management LLC now owns 11,813 shares of the biotechnology company’s stock worth $165,000 after purchasing an additional 1,651 shares during the period. Russell Investments Group Ltd. bought a new position in Atara Biotherapeutics during the third quarter worth about $170,000. MetLife Investment Advisors LLC bought a new position in Atara Biotherapeutics during the fourth quarter worth about $217,000. Finally, The Manufacturers Life Insurance Company lifted its holdings in Atara Biotherapeutics by 7.2% during the second quarter. The Manufacturers Life Insurance Company now owns 20,377 shares of the biotechnology company’s stock worth $285,000 after acquiring an additional 1,369 shares in the last quarter. 76.88% of the stock is owned by institutional investors and hedge funds.
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About Atara Biotherapeutics
Atara Biotherapeutics, Inc, an off-the-shelf T-cell immunotherapy company, develops treatments for patients with cancer, autoimmune, and viral diseases in the United States. The company is developing tabelecleucel, an advanced T-cell immunotherapy that is Phase III clinical trials for the treatment of rituximab-refractory epstein-barr virus (EBV) associated post-transplant lymphoproliferative disorder, as well as other EBV associated hematologic and solid tumors, including nasopharyngeal carcinoma.
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