Kodiak Sciences Inc. (NASDAQ:KOD) produced a 97.7% rally since recording the worst price of $5.65. Thanks to the latest -3.71% decrease, it now trades at $11.17. Throughout the trading on 6/11/2019, the share price floated between $10.9 and $11.76. This company shares are 71.26% off its target price of $19.13 and the current market capitalization stands at $412.28M. The recent change has given its price a 38.54% lead over SMA 50 and -4.81% deficit over its 52-week high. The stock witnessed 49.13% gains, 67.72% gains and 11.7% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found KOD’s volatility during a week at 7.01% and during a month it has been found around 7.5%.

Kodiak Sciences Inc. (KOD) Top Holders

Institutional investors currently hold around $196 million or 46.1% in KOD stock. Look at its top three institutional owners: Baker Bros. Advisors Lp owns $106.08 million in Kodiak Sciences Inc., which represents roughly 25.73% of the company’s market cap and approximately 54.12% of the institutional ownership. Similar statistics are true for the second largest owner, Perceptive Advisors Llc, which owns 3,135,199 shares of the stock are valued at $36.37 million. The third largest holder is Arrowmark Colorado Holdings Llc, which currently holds $16.74 million worth of this stock and that ownership represents nearly 4.06% of its market capitalization.

Kodiak Sciences Inc. 13F Filings

At the end of March reporting period, 21 institutional holders increased their position in Kodiak Sciences Inc. (NASDAQ:KOD) by some 442,744 shares, 15 decreased positions by 1,181,198 and 7 held positions by 15,235,922. That puts total institutional holdings at 16,859,864 shares, according to SEC filings. The stock grabbed 10 new institutional investments totaling 105,500 shares while 4 institutional investors sold out their entire positions totaling 28,543 shares.

Multiple company employees have indulged in significant insider trading. Kodiak Sciences Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director PROFUSEK ROBERT has acquired 10,000 shares of Kodiak Sciences Inc. (KOD) in the trading session dated Oct. 09, 2018. These shares are worth $100,000 and were traded at $10 each. The SEC filing shows that BAKER BROS. ADVISORS LP performed a purchase of 2,500,000 shares. The Director, 10% Owner added these shares by way of transaction on Oct. 09, 2018. The company’s shares were assimilated at $10 per share worth to an investment of some $25,000,000 to the account of BAKER BROS. ADVISORS LP.

Kodiak Sciences Inc. (KOD) Analyst Guide

Several analysts have released their opinion on Kodiak Sciences Inc. (NASDAQ:KOD), with 0 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation [T1].