Clovis Oncology, Inc. (CLVS): It May Get Worse Before It Gets Better …

Clovis Oncology, Inc. (NASDAQ:CLVS) marched up 53.57% compared to a 52-week low price of $11.5. The shares were last seen trading -8.92% lower, taking the closing price at $17.66 on 01/03/2019. At recent session, the prices were hovering between $17.3025 and $19.603. This company shares are 53.45% off its target price of $27.1 and the current market capitalization stands at $920.09M. The recent change has given its price a -0.65% deficit over SMA 50 and -74.37% deficit over its 52-week high. The stock witnessed 2.61% gains, -43.74% declines and -62.74% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CLVS’s volatility during a week at 8.91% and during a month it has been found around 9.88%.

Clovis Oncology, Inc. (CLVS) Top Holders

Institutional investors currently hold around $1.07 billion or 0% in CLVS stock. Look at its top three institutional owners. Palo Alto Investors Lp owns $101.24 million in Clovis Oncology, Inc., which represents roughly 11% of the company’s market cap and approximately 9.49% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 4,445,064 shares of the stock are valued at $86.19 million. The third largest holder is Blackrock Inc., which currently holds $83.61 million worth of this stock and that ownership represents nearly 9.09% of its market capitalization.

Clovis Oncology, Inc. 13F Filings

At the end of September reporting period, 101 institutional holders increased their position in Clovis Oncology, Inc. (NASDAQ:CLVS) by some 6,432,681 shares, 104 decreased positions by 5,796,748 and 32 held positions by 42,799,374. That puts total institutional holdings at 55,028,803 shares, according to SEC filings. The stock grabbed 28 new institutional investments totaling 590,383 shares while 42 institutional investors sold out their entire positions totaling 1,916,861 shares.

Clovis Oncology, Inc. (NASDAQ:CLVS) Insider Trades

Multiple company employees have indulged in significant insider trading. Clovis Oncology, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Rolfe Lindsey has sold 1,728 shares of Clovis Oncology, Inc. (CLVS) in trading session dated Dec. 20, 2018. These shares are worth $30,620 and were traded at $17.72 each. The SEC filing shows that Ivers-Read Gillian C performed a sale of 829 shares. The disposed these shares by way of transaction on Dec. 20, 2018. The company’s shares were given away at $17.72 per share worth to an income of some $14,690 on account of Ivers-Read Gillian C.

, Rolfe Lindsey, sold 284 common shares of Clovis Oncology, Inc. (CLVS) in the open market. In a transaction dated Dec. 04, 2018, the shares were put up for sale at an average price of $21.23, raking in a sum of $6,029. After this sale, 14,162 common shares of CLVS are directly owned by the insider, with total stake valued at $250,101.

In the transaction dated Dec. 04, 2018, the great number of shares disposed came courtesy the; Muehl Daniel W disposed a total of 188 shares at an average price of $21.23, amounting to approximately $3,991. The insider now directly owns 5,664 shares worth $100,026.

Clovis Oncology, Inc. (CLVS) Analyst Guide

Several analysts have released their opinion on Clovis Oncology, Inc. (NASDAQ:CLVS), with 2 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 5 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.25 average brokerage recommendation.