Free Trial

GRAIL, Inc. (NASDAQ:GRAL) Major Shareholder Sells $16,830,294.00 in Stock

GRAIL logo with Medical background

GRAIL, Inc. (NASDAQ:GRAL - Get Free Report) major shareholder Chun R. Ding sold 339,800 shares of the business's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $49.53, for a total transaction of $16,830,294.00. Following the completion of the transaction, the insider owned 3,305,055 shares in the company, valued at $163,699,374.15. The trade was a 9.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.

GRAIL Price Performance

GRAIL stock traded down $0.75 during mid-day trading on Friday, reaching $46.81. 1,042,680 shares of the company traded hands, compared to its average volume of 1,188,194. The firm's 50 day moving average price is $40.79 and its 200 day moving average price is $32.82. GRAIL, Inc. has a 52-week low of $12.33 and a 52-week high of $63.99. The firm has a market capitalization of $1.68 billion and a price-to-earnings ratio of -0.77.

GRAIL (NASDAQ:GRAL - Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The company reported ($3.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($4.03) by $0.93. GRAIL had a negative net margin of 1,464.53% and a negative return on equity of 17.99%. The company had revenue of $31.84 million for the quarter, compared to analysts' expectations of $35.80 million. On average, sell-side analysts anticipate that GRAIL, Inc. will post -15.15 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Caldwell Sutter Capital Inc. purchased a new stake in GRAIL in the first quarter worth $28,000. KBC Group NV boosted its holdings in shares of GRAIL by 187.7% during the 1st quarter. KBC Group NV now owns 1,430 shares of the company's stock valued at $37,000 after buying an additional 933 shares in the last quarter. S.A. Mason LLC boosted its holdings in shares of GRAIL by 50.1% during the 1st quarter. S.A. Mason LLC now owns 1,499 shares of the company's stock valued at $38,000 after buying an additional 500 shares in the last quarter. State of Tennessee Department of Treasury bought a new position in shares of GRAIL in the 4th quarter worth about $28,000. Finally, Lindbrook Capital LLC bought a new position in shares of GRAIL in the 4th quarter worth about $28,000.

Analyst Ratings Changes

Several research firms recently issued reports on GRAL. Morgan Stanley raised their target price on GRAIL from $16.00 to $20.00 and gave the stock an "equal weight" rating in a research note on Tuesday, March 18th. Canaccord Genuity Group lifted their price objective on GRAIL from $32.00 to $43.00 and gave the stock a "buy" rating in a research report on Wednesday, May 14th.

Get Our Latest Stock Analysis on GRAIL

About GRAIL

(Get Free Report)

GRAIL, Inc operates as a commercial-stage healthcare company, which engages in the development of a technology for early detection of cancer. It utilizes machine learning, software, and automation to detect and identify multiple deadly cancer types in earlier stages. The company was founded by Jeffrey T.

Featured Articles

Insider Buying and Selling by Quarter for GRAIL (NASDAQ:GRAL)

Should You Invest $1,000 in GRAIL Right Now?

Before you consider GRAIL, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GRAIL wasn't on the list.

While GRAIL currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines