SaverOne 2014 (NASDAQ:SVRE) Director Visionwave Holdings, Inc. Acquires 31,838,400 Shares

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Director Visionwave Holdings, Inc. purchased 31,838,400 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The shares were bought at an average cost of $3.00 per share, with a total value of $95,515,200.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Visionwave Holdings, Inc. also recently made the following trade(s):

• On Monday, March 30th, Visionwave Holdings, Inc. purchased 26,265,600 shares of SaverOne 2014 stock. The stock was bought at an average cost of $3.00 per share, for a total transaction of $78,796,800.00.
• On Friday, March 27th, Visionwave Holdings, Inc. acquired 81,734,400 shares of SaverOne 2014 stock. The shares were bought at an average price of $3.00 per share, for a total transaction of $245,203,200.00.
• On Monday, March 23rd, Visionwave Holdings, Inc. acquired 221,961,600 shares of SaverOne 2014 stock. The shares were bought at an average cost of $3.00 per share, with a total value of $665,884,800.00.
• On Wednesday, March 11th, Visionwave Holdings, Inc. bought 260,884,800 shares of SaverOne 2014 stock. The stock was bought at an average cost of $2.64 per share, with a total value of $688,735,872.00.
• On Thursday, March 12th, Visionwave Holdings, Inc. bought 86,875,200 shares of SaverOne 2014 stock. The stock was bought at an average price of $2.65 per share, for a total transaction of $230,219,280.00.

SaverOne 2014 Stock Performance

Shares of SVRE stock traded up $0.38 during trading hours on Thursday, hitting $3.52. 79,563 shares of the company were exchanged, compared to its average volume of 256,753. SaverOne 2014 Ltd. Sponsored ADR has a one year low of $2.20 and a one year high of $143.28. The business’s 50-day simple moving average is $3.20 and its two-hundred day simple moving average is $13.52.

SaverOne 2014 (NASDAQ:SVRE) last announced its quarterly earnings data on Monday, March 30th. The company reported ($51.79) earnings per share for the quarter, missing the consensus estimate of ($45.99) by ($5.80). The company had revenue of $0.05 million during the quarter, compared to analysts’ expectations of $1.84 million. Equities analysts anticipate that SaverOne 2014 Ltd. Sponsored ADR will post -4.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of SaverOne 2014 in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, SaverOne 2014 has a consensus rating of “Reduce”.

SaverOne 2014 Company Profile

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users. The company was incorporated in 2014 and is headquartered in Petah Tikva, Israel.