Ganesh Venkataraman Kaundinya Sells 1,917 Shares of Momenta Pharmaceuticals, Inc. (MNTA) Stock
Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) COO Ganesh Venkataraman Kaundinya sold 1,917 shares of the firm’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $16.00, for a total value of $30,672.00. Following the completion of the sale, the chief operating officer now directly owns 492,845 shares of the company’s stock, valued at $7,885,520. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Ganesh Venkataraman Kaundinya also recently made the following trade(s):
- On Tuesday, November 21st, Ganesh Venkataraman Kaundinya sold 821 shares of Momenta Pharmaceuticals stock. The stock was sold at an average price of $13.15, for a total value of $10,796.15.
Momenta Pharmaceuticals, Inc. (MNTA) opened at $16.00 on Wednesday. The firm has a market capitalization of $1,220.00, a price-to-earnings ratio of -20.00 and a beta of 1.80. Momenta Pharmaceuticals, Inc. has a twelve month low of $11.85 and a twelve month high of $19.46.
A number of equities analysts have recently weighed in on the company. BidaskClub upgraded Momenta Pharmaceuticals from a “hold” rating to a “buy” rating in a report on Tuesday. Stifel Nicolaus reiterated a “hold” rating and set a $18.00 price target on shares of Momenta Pharmaceuticals in a report on Tuesday, January 30th. Zacks Investment Research upgraded Momenta Pharmaceuticals from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. Finally, Cowen set a $15.00 price target on Momenta Pharmaceuticals and gave the stock a “hold” rating in a report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $15.30.
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Momenta Pharmaceuticals Company Profile
Momenta Pharmaceuticals, Inc is a biotechnology company. The Company is focused on developing generic versions of drugs, biosimilars and therapeutics for oncology and autoimmune disease. The Company has developed generic version of LOVENOX (enoxaparin sodium injection) and COPAXONE (glatiramer acetate injection).
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