Verastem, Inc. (NASDAQ:VSTM) marched up 10.83% compared to a 52-week low price of $1.2. The shares were last seen trading -3.62% lower, taking the closing price at $1.33 on 5/24/2019. At a recent session, the prices were hovering between $1.312 and $1.4. This company shares are 432.33% off its target price of $7.08 and the current market capitalization stands at $102M. The recent change has given its price a -45.36% deficit over SMA 50 and -87.15% deficit over its 52-week high. The stock witnessed -38.43% declines, -59.45% declines and -73.61% 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 6.61% and during a month it has been found around 8.38%.

Verastem, Inc. (VSTM) Top Holders

Institutional investors currently hold around $43 million or 45.7% in VSTM stock. Look at its top three institutional owners: Blackrock Inc. owns $7.67 million in Verastem, Inc., which represents roughly 7.52% of the company’s market cap and approximately 17.83% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 3,525,248 shares of the stock are valued at $4.69 million. The third largest holder is Bvf Inc/Il, which currently holds $4.67 million worth of this stock and that ownership represents nearly 4.58% of its market capitalization.

Verastem, Inc. 13F Filings

At the end of March reporting period, 56 institutional holders increased their position in Verastem, Inc. (NASDAQ:VSTM) by some 3,930,484 shares, 52 decreased positions by 15,254,856 and 25 held positions by 13,191,658. That puts total institutional holdings at 32,376,998 shares, according to SEC filings. The stock grabbed 24 new institutional investments totaling 1,206,232 shares while 21 institutional investors sold out their entire positions totaling 1,523,138 shares.

Verastem, Inc. (NASDAQ:VSTM) Insider Trades

Multiple company employees have indulged in significant insider trading. Verastem, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director BARBERICH TIMOTHY J has acquired 33,000 shares of Verastem, Inc. (VSTM) in the trading session dated Mar. 15, 2019. These shares are worth $105,930 and were traded at $3.21 each. The SEC filing shows that Paterson Dan performed a purchase of 3,000 shares. The COO added these shares by way of transaction on Sep. 28, 2018. The company’s shares were assimilated at $7 per share worth to an investment of some $21,000 to the account of Paterson Dan.

President and CEO, Forrester Robert, purchased 2,000 common shares of Verastem, Inc. (VSTM) in the open market. In a transaction dated Sep. 28, 2018, the shares were bought at an average price of $7, giving away a sum of $14,000. After this purchase, 226,234 common shares of VSTM are directly owned by the insider, with total stake valued at $300,891.

In the transaction dated Sep. 28, 2018, a great number of shares acquired came courtesy the Director; Kauffman Michael added a total of 4,000 shares at an average price of $7.49, amounting to approximately $29,960. The insider now directly owns 8,000 shares worth $10,640.

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 4 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.8 average brokerage recommendation [T1].