Cempra, Inc. (NASDAQ:CEMP) recovered 68.63% of its value since hitting low of $2.55. The recent move of -2.27% drop pushed the stock to close at $4.3 when trading ended on Jul. 14, 2017. At recent session, the prices were hovering between $4.25 and $4.43. This company shares are 21.16% off its target price of $5.21 and the current market capitalization stands at $228.33M. The recent change has given its price a 5.47% lead over SMA 50 and -84.04% deficit over its 52-week high. The stock witnessed 11.69% gains, 16.22% gains and 26.47% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CEMP’s volatility during a week at 5.73% and during a month it has been found around 5.93%.Cempra, Inc. (CEMP) Top Holders
Institutional investors currently hold around $123 million or 60.8% in CEMP stock. Look at its top three institutional owners. Fmr Llc owns $23.07 million in Cempra, Inc., which represents roughly 10.11% of the company’s market cap and approximately 18.76% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 3,442,956 shares of the stock are valued at $15.15 million. The third largest holder is Vanguard Group Inc, which currently holds $12.69 million worth of this stock and that ownership represents nearly 5.56% of its market capitalization.Cempra, Inc. 13F Filings
At the end of March 2017 reporting period, 51 institutional holders increased their position in Cempra, Inc. (NASDAQ:CEMP) by some 6,687,153 shares, 71 decreased positions by 8,295,117 and 25 held positions by 13,049,030. That puts total institutional holdings at 28,031,300 shares, according to SEC filings. The stock grabbed 21 new institutional investments totaling 3,465,238 shares while 35 institutional investors sold out their entire positions totaling 3,880,226 shares.
Multiple company employees have indulged in significant insider trading. Cempra, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director GOLDSTEIN DOV A MD has sold 150,000 shares of Cempra, Inc. (CEMP) in trading session dated Mar. 08, 2017. These shares are worth $532,500 and were traded at $3.55 each. The SEC filing shows that GOLDSTEIN DOV A MD performed a sale of 105,460 shares. The Director disposed these shares by way of transaction on Jan. 13, 2017. The company’s shares were given away at $3.4 per share worth to an income of some $358,564 on account of GOLDSTEIN DOV A MD.
Director, GOLDSTEIN DOV A MD, sold 937,600 common shares of Cempra, Inc. (CEMP) in the open market. In a transaction dated Jan. 06, 2017, the shares were put up for sale at an average price of $3.41, raking in a sum of $3,197,216. After this sale, 255,555 common shares of CEMP are directly owned by the insider, with total stake valued at $1,098,887.
In the transaction dated Jan. 03, 2017, the great number of shares acquired came courtesy the Director; GILL DAVID N added a total of 5,000 shares at an average price of $2.94, amounting to approximately $14,700. The insider now directly owns 5,000 shares worth $21,500.Cempra, Inc. (CEMP) Analyst Guide
Several analysts have released their opinion on Cempra, Inc. (NASDAQ:CEMP), with 1 analysts believing it is a strong buy. Whereas 9 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 2 strong sell ratings, collectively assigning a 3.17 average brokerage recommendation.