PhaseRx, Inc. (NASDAQ:PZRX) is on recovery track with 28.85% gain from a 1-year low price of $0.01. The company added 9.52% to attain the price of $0.69 on Sep. 13, 2017. Throughout the recent session, the prices were hovering between $0.59 and $1. These shares are 1639.13% off its target price of $12 and the current market capitalization stands at $8.25M. The recent change has given its price a -3.77% deficit over SMA 50 and -79.09% deficit over its 52-week high. The stock witnessed 9.52% gains, -33.66% declines and -56.05% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PZRX’s volatility during a week at 19.35% and during a month it has been found around 12.5%.PhaseRx, Inc. 13F Filings
At the end of 6/30/2017 reporting period, 5 institutional holders increased their position in PhaseRx, Inc. (NASDAQ:PZRX) by some 77,865 shares, 1 decreased positions by 335 and 1 held positions by 200,592. That puts total institutional holdings at 278,792 shares, according to SEC filings. The stock grabbed 3 new institutional investments totaling 71,865 shares while 1 institutional investors sold out their entire positions totaling 335 shares.PhaseRx, Inc. (NASDAQ:PZRX) Insider Trades
Multiple company employees have indulged in significant insider trading. PhaseRx, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Arch Venture Fund Vii Lp has sold 680,059 shares of PhaseRx, Inc. (PZRX) in trading session dated May. 23, 2016. These shares are worth $6,801 and were traded at $0.01 each. The SEC filing shows that Arch Venture Fund Vii Lp performed a purchase of 1,000,000 shares. The 10% Owner added these shares by way of transaction on May. 23, 2016. The company’s shares were assimilated at $5 per share worth to an investment of some $5,000,000 on account of Arch Venture Fund Vii Lp.
Director, 10% Owner, Atwood Brian G, sold 258,044 common shares of PhaseRx, Inc. (PZRX) in the open market. In a transaction dated May. 23, 2016, the shares were put up for sale at an average price of $0.01, raking in a sum of $2,580. After this sale, 1,942,502 common shares of PZRX are directly owned by the insider, with total stake valued at $1,340,326.
In the transaction dated May. 23, 2016, the great number of shares acquired came courtesy the Director, 10% Owner; Atwood Brian G added a total of 600,000 shares at an average price of $5, amounting to approximately $3,000,000. The insider now directly owns 1,942,502 shares worth $1,340,326.