Savara Inc. (NASDAQ:SVRA) enjoyed a 66.18% run-up in share price since hitting record low of $6.21. The stock managed -3.55% fall and now stands at $10.32 as of 4/24/2019. At a recent session, the prices were hovering between $9.4872 and $11.07. This company shares are 107.66% off its target price of $21.43 and the current market capitalization stands at $357.48M. The recent change has given its price a 28.22% lead over SMA 50 and -26.6% deficit over its 52-week high. The stock witnessed 27.25% gains, 38.9% gains and 8.75% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SVRA’s volatility during a week at 8.67% and during a month it has been found around 6.54%.Savara Inc. (SVRA) Top Holders
Institutional investors currently hold around $183 million or 49.3% in SVRA stock. Look at its top three institutional owners: Consonance Capital Management Lp owns $33.1 million in Savara Inc., which represents roughly 9.26% of the company’s market cap and approximately 18.09% of the institutional ownership. Similar statistics are true for the second largest owner, Farallon Capital Management Llc, which owns 2,425,000 shares of the stock are valued at $25.95 million. The third largest holder is Blackrock Inc., which currently holds $23.54 million worth of this stock and that ownership represents nearly 6.58% of its market capitalization.
At the end of December reporting period, 34 institutional holders increased their position in Savara Inc. (NASDAQ:SVRA) by some 1,551,203 shares, 30 decreased positions by 2,424,652 and 28 held positions by 13,171,841. That puts total institutional holdings at 17,147,696 shares, according to SEC filings. The stock grabbed 10 new institutional investments totaling 622,990 shares while 14 institutional investors sold out their entire positions totaling 1,597,549 shares.Savara Inc. (NASDAQ:SVRA) Insider Trades
Multiple company employees have indulged in significant insider trading. Savara Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CFO Lowrance David L has sold 7,500 shares of Savara Inc. (SVRA) in the trading session dated Apr. 08, 2019. These shares are worth $67,650 and were traded at $9.02 each. The SEC filing shows that Jouhikainen Jaakko Taneli performed a sale of 25,000 shares. The President and COO disposed these shares by way of transaction on Apr. 08, 2019. The company’s shares were given away at $9.03 per share worth to an income of some $225,750 to the account of Jouhikainen Jaakko Taneli.
CEO, Neville Robert N, purchased 23,517 common shares of Savara Inc. (SVRA) in the open market. In a transaction dated Dec. 21, 2018, the shares were bought at an average price of $6.38, giving away a sum of $150,038. After this purchase, 498,028 common shares of SVRA are directly owned by the insider, with total stake valued at $5,139,649.
In the transaction dated Nov. 01, 2018, a great number of shares sold came courtesy the CFO; Lowrance David L disposed a total of 18,480 shares at an average price of $9.22, amounting to approximately $170,386. The insider now directly owns shares worth $.
Several analysts have released their opinion on Savara Inc. (NASDAQ:SVRA), with 3 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.71 average brokerage recommendation [T1].