28.9% Of Anthera Pharmaceuticals, Inc. (ANTH) Is Owned By Hedge Funds

Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH) recovered 33.33% of its value since hitting low of $1.20. The recent move of -6.98% drop pushed the stock to close at $1.6 when trading ended on Oct. 30, 2017. At recent session, the prices were hovering between $1.57 and $1.77. This company shares are 321.88% off its target price of $6.75 and the current market capitalization stands at $17.3M. The recent change has given its price a 6.71% lead over SMA 50 and -92.88% deficit over its 52-week high. The stock witnessed 11.11% gains, 25.98% gains and -35.48% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ANTH’s volatility during a week at 12.86% and during a month it has been found around 10.56%.

Anthera Pharmaceuticals, Inc. (ANTH) Top Holders

Institutional investors currently hold around $5 million or 28.9% in ANTH stock. Look at its top three institutional owners. Bvf Inc/Il owns $1.73 million in Anthera Pharmaceuticals, Inc., which represents roughly 10.01% of the company’s market cap and approximately 34.62% of the institutional ownership. Similar statistics are true for the second largest owner, Sabby Management, Llc, which owns 592,672 shares of the stock are valued at $1.02 million. The third largest holder is Vanguard Group Inc, which currently holds $587 thousand worth of this stock and that ownership represents nearly 3.39% of its market capitalization.

Anthera Pharmaceuticals, Inc. 13F Filings

At the end of 06/30/2017 reporting period, 16 institutional holders increased their position in Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH) by some 751,391 shares, 47 decreased positions by 1,369,679 and 4 held positions by 827,785. That puts total institutional holdings at 2,948,855 shares, according to SEC filings. The stock grabbed 6 new institutional investments totaling 160,887 shares while 29 institutional investors sold out their entire positions totaling 791,733 shares.

Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH) Insider Trades

Multiple company employees have indulged in significant insider trading. Anthera Pharmaceuticals, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President & CEO Thompson John Craig has acquired 8,550 shares of Anthera Pharmaceuticals, Inc. (ANTH) in trading session dated Sep. 20, 2017. These shares are worth $11,286 and were traded at $1.32 each. The SEC filing shows that Thompson John Craig performed a purchase of 10,400 shares. The President & CEO added these shares by way of transaction on Sep. 07, 2017. The company’s shares were assimilated at $1.43 per share worth to an investment of some $14,872 on account of Thompson John Craig.

Director, Truex Paul F, purchased 5,000 common shares of Anthera Pharmaceuticals, Inc. (ANTH) in the open market. In a transaction dated Sep. 07, 2017, the shares were bought at an average price of $1.34, giving away a sum of $6,700. After this purchase, 16,793 common shares of ANTH are directly owned by the insider, with total stake valued at $26,869.

In the transaction dated Nov. 13, 2015, the great number of shares disposed came courtesy the Chief Medical Officer; Hislop Colin disposed a total of 1,563 shares at an average price of $42.48, amounting to approximately $66,396. The insider now directly owns 2,631 shares worth $4,210.

Anthera Pharmaceuticals, Inc. (ANTH) Analyst Guide

Several analysts have released their opinion on Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH), with 1 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.33 average brokerage recommendation.

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