Verastem, Inc. (NASDAQ:VSTM) marched up 21.46% compared to a 52-week low price of $2.61. The shares were last seen trading -5.37% lower, taking the closing price at $3.17 on 3/14/2019. At a recent session, the prices were hovering between $3.15 and $3.41. This company shares are 386.44% off its target price of $15.42 and the current market capitalization stands at $235.66M. The recent change has given its price a -3.96% deficit over SMA 50 and -69.37% deficit over its 52-week high. The stock witnessed 1.6% gains, -27.46% declines and -65.43% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found VSTM’s volatility during a week at 15.41% and during a month it has been found around 8.26%.

Verastem, Inc. (VSTM) Top Holders

Institutional investors currently hold around $146 million or 61.3% in VSTM stock. Look at its top three institutional owners: State Street Corp owns $28.5 million in Verastem, Inc., which represents roughly 12.09% of the company’s market cap and approximately 19.52% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 5,621,011 shares of the stock are valued at $18.83 million. The third largest holder is Bvf Inc/Il, which currently holds $11.77 million worth of this stock and that ownership represents nearly 5% of its market capitalization.

Verastem, Inc. 13F Filings

At the end of December reporting period, 61 institutional holders increased their position in Verastem, Inc. (NASDAQ:VSTM) by some 15,450,233 shares, 55 decreased positions by 8,538,944 and 16 held positions by 19,710,193. That puts total institutional holdings at 43,699,370 shares, according to SEC filings. The stock grabbed 20 new institutional investments totaling 1,627,807 shares while 24 institutional investors sold out their entire positions totaling 6,203,719 shares.

Verastem, Inc. (VSTM) Analyst Guide

Several analysts have released their opinion on Verastem, Inc. (NASDAQ:VSTM), with 1 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 5 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.83 average brokerage recommendation [T1].