TherapeuticsMD Inc (TXMD) Holdings Boosted by GSA Capital Partners LLP

GSA Capital Partners LLP raised its position in TherapeuticsMD Inc (NASDAQ:TXMD) by 274.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 117,700 shares of the company’s stock after buying an additional 86,300 shares during the quarter. GSA Capital Partners LLP owned about 0.05% of TherapeuticsMD worth $573,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Stifel Financial Corp increased its holdings in TherapeuticsMD by 1.3% in the 1st quarter. Stifel Financial Corp now owns 1,862,644 shares of the company’s stock valued at $9,067,000 after buying an additional 23,141 shares during the period. Beaumont Financial Partners LLC bought a new position in TherapeuticsMD in the 1st quarter valued at about $123,000. New York State Common Retirement Fund grew its holdings in shares of TherapeuticsMD by 7.3% during the 1st quarter. New York State Common Retirement Fund now owns 255,339 shares of the company’s stock valued at $1,244,000 after purchasing an additional 17,400 shares during the last quarter. Iridian Asset Management LLC CT bought a new stake in shares of TherapeuticsMD during the 1st quarter valued at approximately $279,000. Finally, Cetera Advisors LLC grew its holdings in shares of TherapeuticsMD by 18.1% during the 1st quarter. Cetera Advisors LLC now owns 57,450 shares of the company’s stock valued at $281,000 after purchasing an additional 8,800 shares during the last quarter. 72.70% of the stock is currently owned by hedge funds and other institutional investors.

Shares of TherapeuticsMD opened at $7.28 on Thursday, Marketbeat reports. The company has a market cap of $1.56 billion, a P/E ratio of -19.68 and a beta of 1.34. TherapeuticsMD Inc has a 1 year low of $4.34 and a 1 year high of $7.66.

TherapeuticsMD (NASDAQ:TXMD) last posted its earnings results on Thursday, May 3rd. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.01). TherapeuticsMD had a negative return on equity of 66.77% and a negative net margin of 483.98%. The business had revenue of $3.77 million for the quarter, compared to analyst estimates of $4.18 million. During the same quarter in the prior year, the business earned ($0.11) earnings per share. The firm’s quarterly revenue was down 5.4% on a year-over-year basis. research analysts anticipate that TherapeuticsMD Inc will post -0.53 earnings per share for the current fiscal year.

Several equities research analysts recently issued reports on the stock. BidaskClub lowered shares of TherapeuticsMD from a “hold” rating to a “sell” rating in a report on Friday, June 15th. Zacks Investment Research raised shares of TherapeuticsMD from a “sell” rating to a “hold” rating in a report on Wednesday, May 9th. Oppenheimer set a $12.00 price target on shares of TherapeuticsMD and gave the company a “buy” rating in a report on Tuesday, June 5th. ValuEngine raised shares of TherapeuticsMD from a “hold” rating to a “buy” rating in a report on Tuesday, May 8th. Finally, JPMorgan Chase & Co. assumed coverage on shares of TherapeuticsMD in a report on Friday, June 15th. They set an “overweight” rating and a $11.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $14.63.

TherapeuticsMD Company Profile

TherapeuticsMD, Inc operates as a women's health care product company. Its pipeline of hormone therapy drug candidates include TX-001HR, a combination of estradiol and progesterone drug candidate under clinical trials for the treatment of moderate to severe vasomotor symptoms due to menopause; TX-002HR, a natural progesterone formulation for the treatment of secondary amenorrhea without the potentially allergenic component of peanut oil; and TX-004HR, an applicator-free vaginal estradiol softgel drug candidate for the treatment of moderate to severe dyspareunia, a symptom of vulvar and vaginal atrophy in post-menopausal women with vaginal linings that do not receive enough estrogen.

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Institutional Ownership by Quarter for TherapeuticsMD (NASDAQ:TXMD)

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