Valeritas Holdings, Inc. (VLRX) Stock May Not Offer Adequate Shelter

Valeritas Holdings, Inc. (NASDAQ:VLRX) is now up 30% compared to a 12-month low of $0.3. We have seen the price to move 4% higher and get settled at $0.39 on 02/11/2019. At recent session, it appeared stuck in a range of $0.38 to $0.399. This company shares are 284.62% off its target price of $1.5 and the current market capitalization stands at $39.62M. The recent change has given its price a 3.31% lead over SMA 50 and -91.48% deficit over its 52-week high. The stock witnessed -5.11% declines, -66.09% declines and -76.07% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found VLRX’s volatility during a week at 5.53% and during a month it has been found around 5.85%.

Valeritas Holdings, Inc. 13F Filings

At the end of September reporting period, 5 institutional holders increased their position in Valeritas Holdings, Inc. (NASDAQ:VLRX) by some 165,303 shares, 10 decreased positions by 710,837 and 2 held positions by 405,010. That puts total institutional holdings at 1,281,150 shares, according to SEC filings. The stock grabbed 3 new institutional investments totaling 20,038 shares while 5 institutional investors sold out their entire positions totaling 651,552 shares.

Valeritas Holdings, Inc. (NASDAQ:VLRX) Insider Trades

Multiple company employees have indulged in significant insider trading. Valeritas Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Armistice Capital Master Fund has acquired 50,000 shares of Valeritas Holdings, Inc. (VLRX) in trading session dated Dec. 24, 2018. These shares are worth $16,500 and were traded at $0.33 each. The SEC filing shows that Armistice Capital Master Fund performed a purchase of 150,000 shares. The 10% Owner added these shares by way of transaction on Dec. 20, 2018. The company’s shares were assimilated at $0.34 per share worth to an investment of some $51,000 on account of Armistice Capital Master Fund.

10% Owner, Armistice Capital Master Fund, purchased 150,000 common shares of Valeritas Holdings, Inc. (VLRX) in the open market. In a transaction dated Dec. 10, 2018, the shares were bought at an average price of $0.34, giving away a sum of $51,000. After this purchase, 39,300,000 common shares of VLRX are directly owned by the insider, with total stake valued at $15,327,000.

In the transaction dated Dec. 07, 2018, the great number of shares acquired came courtesy the; Timberlake John Edward added a total of 25,000 shares at an average price of $0.36, amounting to approximately $9,000. The insider now directly owns 111,037 shares worth $43,304.

Valeritas Holdings, Inc. (VLRX) Analyst Guide

Not many analysts have released their opinion on Valeritas Holdings, Inc. (NASDAQ:VLRX), 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.