Hedge Funds Now Own 48.8% Of Curis, Inc. (CRIS)

Curis, Inc. (NASDAQ:CRIS) has made a 75.15% comeback from a 12-month low price of $0.47. It was seen -16.01% lower, changing the price to $0.82, when the closing bell rang on 03/13/2018. At recent session, the prices were hovering between $0.8174 and $0.9928. This company shares are 570.73% off its target price of $5.5 and the current market capitalization stands at $121.2M. The recent change has given its price a 29.28% lead over SMA 50 and -72.74% deficit over its 52-week high. The stock witnessed 58.74% gains, -1.91% declines and -58.84% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CRIS’s volatility during a week at 18.32% and during a month it has been found around 11.32%.

Curis, Inc. (CRIS) Top Holders

Institutional investors currently hold around $77 million or 48.8% in CRIS stock. Look at its top three institutional owners. First Eagle Investment Management, Llc owns $27.2 million in Curis, Inc., which represents roughly 22.44% of the company’s market cap and approximately 35.33% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 9,719,497 shares of the stock are valued at $9.53 million. The third largest holder is Fmr Llc, which currently holds $7.06 million worth of this stock and that ownership represents nearly 5.83% of its market capitalization.

Curis, Inc. 13F Filings

At the end of 12/31/2017 reporting period, 44 institutional holders increased their position in Curis, Inc. (NASDAQ:CRIS) by some 11,952,106 shares, 36 decreased positions by 23,649,590 and 16 held positions by 43,330,794. That puts total institutional holdings at 78,932,490 shares, according to SEC filings. The stock grabbed 10 new institutional investments totaling 1,902,134 shares while 11 institutional investors sold out their entire positions totaling 4,961,089 shares.

Curis, Inc. (NASDAQ:CRIS) Insider Trades

Multiple company employees have indulged in significant insider trading. Curis, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Rubin Marc has acquired 25,000 shares of Curis, Inc. (CRIS) in trading session dated Nov. 16, 2017. These shares are worth $24,500 and were traded at $0.98 each. The SEC filing shows that Fattaey Ali Ph.D. performed a purchase of 50,000 shares. The President & CEO added these shares by way of transaction on Nov. 15, 2017. The company’s shares were assimilated at $1.06 per share worth to an investment of some $53,000 on account of Fattaey Ali Ph.D..

Director, Mcnab James R, sold 76,276 common shares of Curis, Inc. (CRIS) in the open market. In a transaction dated May. 05, 2017, the shares were put up for sale at an average price of $2.04, raking in a sum of $155,603. After this sale, 929,688 common shares of CRIS are directly owned by the insider, with total stake valued at $762,344.

In the transaction dated May. 05, 2017, the great number of shares disposed came courtesy the Director; Mcnab James R disposed a total of 76,276 shares at an average price of $2.04, amounting to approximately $155,603. The insider now directly owns 929,688 shares worth $762,344.

Curis, Inc. (CRIS) Analyst Guide

Several analysts have released their opinion on Curis, Inc. (NASDAQ:CRIS), with 4 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.

SHARE
Previous article99.4% Of Tilly’s, Inc. (TLYS) Is Owned By Hedge Funds
Next articleDextera Surgical Inc. (DXTR) Is Worth Paying Attention