Anavex Life Sciences Corp. (NASDAQ:AVXL) reached -0.9% versus a 1-year low price of $3.33. The stock was last seen -10.57% lower, reaching at $3.3 on 12/11/2017. At recent session, the prices were hovering between $3.007 and $3.79. This company shares are 354.55% off its target price of $15 and the current market capitalization stands at $138.76M. The recent change has given its price a -19.79% deficit over SMA 50 and -50.3% deficit over its 52-week high. The stock witnessed -18.32% declines, -28.26% declines and -42.11% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AVXL’s volatility during a week at 8.23% and during a month it has been found around 5.28%.Anavex Life Sciences Corp. (AVXL) Top Holders
Institutional investors currently hold around $37 million or 24% in AVXL stock. Look at its top three institutional owners. Park West Asset Management Llc owns $10.6 million in Anavex Life Sciences Corp., which represents roughly 7.64% of the company’s market cap and approximately 28.66% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 1,791,639 shares of the stock are valued at $6.61 million. The third largest holder is Vanguard Group Inc, which currently holds $6.11 million worth of this stock and that ownership represents nearly 4.41% of its market capitalization.
At the end of 09/30/2017 reporting period, 28 institutional holders increased their position in Anavex Life Sciences Corp. (NASDAQ:AVXL) by some 455,771 shares, 19 decreased positions by 712,581 and 20 held positions by 8,868,927. That puts total institutional holdings at 10,037,279 shares, according to SEC filings. The stock grabbed 6 new institutional investments totaling 129,748 shares while 5 institutional investors sold out their entire positions totaling 54,867 shares.Anavex Life Sciences Corp. (NASDAQ:AVXL) Insider Trades
Multiple company employees have indulged in significant insider trading. Anavex Life Sciences Corp. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President and CEO Missling Christopher U has acquired 375 shares of Anavex Life Sciences Corp. (AVXL) in trading session dated Oct. 25, 2017. These shares are worth $1,646 and were traded at $4.39 each. The SEC filing shows that Missling Christopher U performed a purchase of 375 shares. The President and CEO added these shares by way of transaction on Oct. 24, 2017. The company’s shares were assimilated at $4.92 per share worth to an investment of some $1,845 on account of Missling Christopher U.
President and CEO, Missling Christopher U, purchased 375 common shares of Anavex Life Sciences Corp. (AVXL) in the open market. In a transaction dated Oct. 19, 2017, the shares were bought at an average price of $4.49, giving away a sum of $1,684. After this purchase, 1,011,500 common shares of AVXL are directly owned by the insider, with total stake valued at $3,337,950.
In the transaction dated Oct. 17, 2017, the great number of shares acquired came courtesy the President and CEO; Missling Christopher U added a total of 375 shares at an average price of $4.27, amounting to approximately $1,601. The insider now directly owns 1,011,125 shares worth $3,336,713.Anavex Life Sciences Corp. (AVXL) Analyst Guide
Not many analysts have released their opinion on Anavex Life Sciences Corp. (NASDAQ:AVXL), with 2 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1 average brokerage recommendation.