United Therapeutics Co. (NASDAQ:UTHR – Get Free Report) CEO Martine A. Rothblatt sold 3,600 shares of the company’s stock in a transaction dated Tuesday, April 16th. The stock was sold at an average price of $232.05, for a total transaction of $835,380.00. Following the completion of the transaction, the chief executive officer now owns 130 shares of the company’s stock, valued at approximately $30,166.50. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
United Therapeutics Stock Up 1.5 %
UTHR stock opened at $235.31 on Thursday. United Therapeutics Co. has a 12 month low of $204.44 and a 12 month high of $261.54. The firm has a market cap of $11.07 billion, a PE ratio of 11.86 and a beta of 0.52. The firm has a 50 day simple moving average of $230.70 and a 200 day simple moving average of $228.38. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.41 and a quick ratio of 4.28.
United Therapeutics (NASDAQ:UTHR – Get Free Report) last released its earnings results on Wednesday, February 21st. The biotechnology company reported $4.36 EPS for the quarter, beating the consensus estimate of $4.28 by $0.08. United Therapeutics had a net margin of 42.31% and a return on equity of 17.72%. The business had revenue of $614.70 million during the quarter, compared to analyst estimates of $575.01 million. During the same period in the prior year, the business earned $2.67 earnings per share. The business’s quarterly revenue was up 25.1% on a year-over-year basis. Equities research analysts forecast that United Therapeutics Co. will post 23.46 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Read Our Latest Report on United Therapeutics
Institutional Investors Weigh In On United Therapeutics
Hedge funds have recently made changes to their positions in the company. Rise Advisors LLC purchased a new stake in shares of United Therapeutics in the 1st quarter valued at approximately $32,000. Atlas Capital Advisors LLC purchased a new stake in shares of United Therapeutics in the 4th quarter valued at approximately $51,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of United Therapeutics by 49.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 196 shares of the biotechnology company’s stock valued at $55,000 after acquiring an additional 65 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of United Therapeutics in the 4th quarter valued at approximately $43,000. Finally, Neo Ivy Capital Management purchased a new stake in shares of United Therapeutics in the 2nd quarter valued at approximately $48,000. Hedge funds and other institutional investors own 94.08% of the company’s stock.
United Therapeutics Company Profile
United Therapeutics Corporation, a biotechnology company, engages in the development and commercialization of products to address the unmet medical needs of patients with chronic and life-threatening diseases in the United States and internationally. The company offers Tyvaso DPI, an inhaled dry powder via pre-filled and single-use cartridges; Tyvaso, an inhaled solution via ultrasonic nebulizer; Remodulin (treprostinil) injection to treat patients with pulmonary arterial hypertension (PAH) to diminish symptoms associated with exercise; Orenitram, a tablet dosage form of treprostinil, to delay disease progression and improve exercise capacity in PAH patients; and Adcirca, an oral PDE-5 inhibitor to enhance the exercise ability in PAH patients.
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