Takeda Pharmaceutical Co. (NYSE:TAK – Get Free Report) insider Andrew Stewart Plump sold 19,651 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $18.49, for a total transaction of $363,346.99. Following the completion of the transaction, the insider directly owned 261,656 shares in the company, valued at $4,838,019.44. This represents a 6.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Andrew Stewart Plump also recently made the following trade(s):
- On Monday, August 10th, Andrew Stewart Plump sold 165,393 shares of Takeda Pharmaceutical stock. The shares were sold at an average price of $17.10, for a total value of $2,828,220.30.
Takeda Pharmaceutical Stock Up 0.2%
NYSE:TAK opened at $18.17 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.62 and a debt-to-equity ratio of 0.58. The stock has a 50 day moving average of $16.79 and a 200-day moving average of $17.18. The firm has a market capitalization of $58.22 billion, a PE ratio of 53.44 and a beta of -0.08. Takeda Pharmaceutical Co. has a 52 week low of $12.99 and a 52 week high of $18.90.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on TAK shares. Zacks Research upgraded Takeda Pharmaceutical from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Weiss Ratings lowered shares of Takeda Pharmaceutical from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, July 30th. Finally, Wall Street Zen raised shares of Takeda Pharmaceutical from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.
Check Out Our Latest Report on Takeda Pharmaceutical
Hedge Funds Weigh In On Takeda Pharmaceutical
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TAK. Capital Research Global Investors increased its position in Takeda Pharmaceutical by 0.6% in the 4th quarter. Capital Research Global Investors now owns 13,486,772 shares of the company’s stock valued at $210,259,000 after acquiring an additional 82,643 shares during the period. UBS Group AG boosted its position in Takeda Pharmaceutical by 46.4% during the 3rd quarter. UBS Group AG now owns 5,893,969 shares of the company’s stock worth $86,288,000 after acquiring an additional 1,869,323 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in Takeda Pharmaceutical by 100.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,682,847 shares of the company’s stock worth $88,596,000 after acquiring an additional 2,854,069 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Takeda Pharmaceutical by 15.0% in the first quarter. Goldman Sachs Group Inc. now owns 5,320,793 shares of the company’s stock worth $79,120,000 after purchasing an additional 692,404 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Takeda Pharmaceutical by 14.2% during the first quarter. Renaissance Technologies LLC now owns 2,989,100 shares of the company’s stock valued at $55,358,000 after purchasing an additional 370,800 shares during the period. 9.17% of the stock is owned by institutional investors.
Takeda Pharmaceutical Company Profile
Takeda Pharmaceutical Company Limited (NYSE: TAK) is a Tokyo-based, multinational biopharmaceutical company with roots dating back to 1781. The company researches, develops, manufactures and commercializes pharmaceutical and biopharmaceutical products for patients worldwide. Takeda is publicly listed and operates as a fully integrated R&D-driven healthcare company focused on delivering specialty medicines and therapies across a range of therapeutic areas.
Takeda’s main business activities encompass discovery and development of prescription medicines, clinical development and regulatory affairs, manufacturing of small molecules and biologics, and global commercial operations.
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