Halozyme Therapeutics (NASDAQ:HALO) Stock: Insider Helen Torley Sells 20,000 Shares

Key Points

• CEO Helen Torley sold 20,000 Halozyme shares at an average price of $109.58, generating $2.19 million; the transaction was conducted under a pre-arranged Rule 10b5-1 plan. She continues to own 767,780 shares.
• Halozyme reported strong quarterly results, with EPS of $2.28 beating estimates of $1.79 and revenue of $481 million exceeding the $402.28 million consensus. Revenue increased 47.7% year over year, and the company issued fiscal 2026 EPS guidance of $8.65–$9.00.
• The company received a favorable Dutch court ruling against Merck’s subcutaneous Keytruda and expanded its ENHANZE collaboration with argenx, although legal uncertainty remains. Analysts maintain a “Moderate Buy” consensus, but JPMorgan’s $78 target implies significant downside from the referenced $109.84 share price.

Halozyme Therapeutics, Inc. (NASDAQ:HALO - Get Free Report) CEO Helen Torley sold 20,000 shares of the stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $109.58, for a total value of $2,191,600.00. Following the completion of the transaction, the chief executive officer directly owned 767,780 shares of the company's stock, valued at $84,133,332.40. This represents a 2.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Helen Torley also recently made the following trade(s):

• On Thursday, October 8th, Helen Torley sold 20,000 shares of Halozyme Therapeutics stock. The stock was sold at an average price of $109.40, for a total value of $2,188,000.00.
• On Wednesday, September 9th, Helen Torley sold 20,000 shares of Halozyme Therapeutics stock. The shares were sold at an average price of $107.43, for a total value of $2,148,600.00.
• On Friday, September 11th, Helen Torley sold 20,000 shares of Halozyme Therapeutics stock. The shares were sold at an average price of $107.24, for a total value of $2,144,800.00.
• On Tuesday, August 18th, Helen Torley sold 20,000 shares of Halozyme Therapeutics stock. The stock was sold at an average price of $104.18, for a total transaction of $2,083,600.00.

Halozyme Therapeutics Stock Down 0.9%

Shares of NASDAQ:HALO traded down $0.95 during midday trading on Thursday, reaching $109.84. The company had a trading volume of 2,490,335 shares, compared to its average volume of 2,620,154. The stock has a market capitalization of $12.47 billion, a P/E ratio of 32.79, a PEG ratio of 0.42 and a beta of 0.88. The stock's fifty day moving average price is $105.64 and its 200-day moving average price is $82.86. The company has a debt-to-equity ratio of 13.50, a current ratio of 2.71 and a quick ratio of 2.31. Halozyme Therapeutics, Inc. has a one year low of $61.22 and a one year high of $116.85.

Halozyme Therapeutics (NASDAQ:HALO - Get Free Report) last released its earnings results on Thursday, August 6th. The biopharmaceutical company reported $2.28 EPS for the quarter, topping analysts' consensus estimates of $1.79 by $0.49. The company had revenue of $481.00 million for the quarter, compared to the consensus estimate of $402.28 million. Halozyme Therapeutics had a return on equity of 260.98% and a net margin of 24.86%.Halozyme Therapeutics's quarterly revenue was up 47.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.54 EPS. Halozyme Therapeutics has set its FY 2026 guidance at 8.650-9.000 EPS. Equities research analysts expect that Halozyme Therapeutics, Inc. will post 8.25 earnings per share for the current fiscal year.

Halozyme Therapeutics News Roundup

Here are the key news stories impacting Halozyme Therapeutics this week:

• Positive Sentiment: A Dutch patent court found Merck’s subcutaneous Keytruda infringed a Halozyme patent and ordered MSD to stop manufacturing, selling, importing, or stocking the product in eight European markets: Belgium, Denmark, France, Ireland, Italy, Sweden, Switzerland, and the Netherlands. The ruling could protect Halozyme’s intellectual-property position and potential royalty economics. Halozyme Wins Injunction Stopping Manufacture and Sale of Merck's Keytruda SC in Multiple European Markets
• Positive Sentiment: Halozyme expanded its ENHANZE collaboration with argenx to cover two additional exclusive targets, bringing the total to eight. The agreement increases the opportunity for future development milestones and royalties and supports Halozyme’s recurring revenue growth. HALO Expands ENHANZE Collaboration & Licensing Deal With ARGX
• Neutral Sentiment: The Keytruda decision is a significant win, but the ongoing patent dispute, possible appeals, and the timing of any commercial impact create uncertainty around how quickly the ruling will translate into financial results.
• Negative Sentiment: JPMorgan raised its HALO price target from $70 to $78 but maintained a “neutral” rating. The new target implies roughly 29% downside from the referenced $109.84 price, signaling concern that the stock’s valuation already reflects much of its growth and legal upside. JPMorgan Raises Halozyme Price Target

Wall Street Analysts Forecast Growth

HALO has been the subject of a number of research analyst reports. Citizens Jmp upped their price target on shares of Halozyme Therapeutics from $92.00 to $93.00 and gave the stock a "market outperform" rating in a research note on Friday, August 7th. Leerink Partners upgraded shares of Halozyme Therapeutics from a "market perform" rating to an "outperform" rating and raised their price objective for the company from $83.00 to $110.00 in a research note on Friday, August 7th. Wells Fargo & Company increased their price target on Halozyme Therapeutics from $75.00 to $95.00 and gave the company an "equal weight" rating in a research note on Friday, August 7th. HC Wainwright boosted their price objective on Halozyme Therapeutics from $115.00 to $130.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, TD Cowen raised their target price on Halozyme Therapeutics from $96.00 to $105.00 and gave the company a "buy" rating in a research note on Friday, August 7th. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $94.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. CoreCap Advisors LLC boosted its position in shares of Halozyme Therapeutics by 98.0% in the third quarter. CoreCap Advisors LLC now owns 303 shares of the biopharmaceutical company's stock valued at $33,000 after acquiring an additional 150 shares during the period. Twin Capital Management Inc. increased its position in Halozyme Therapeutics by 1.4% during the first quarter. Twin Capital Management Inc. now owns 11,422 shares of the biopharmaceutical company's stock worth $738,000 after acquiring an additional 161 shares during the period. First Citizens Bank & Trust Co. raised its stake in Halozyme Therapeutics by 2.0% during the 1st quarter. First Citizens Bank & Trust Co. now owns 9,088 shares of the biopharmaceutical company's stock valued at $587,000 after purchasing an additional 175 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in Halozyme Therapeutics by 1.2% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 15,177 shares of the biopharmaceutical company's stock valued at $981,000 after purchasing an additional 183 shares during the period. Finally, Janney Montgomery Scott LLC boosted its holdings in Halozyme Therapeutics by 0.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 25,373 shares of the biopharmaceutical company's stock valued at $1,640,000 after purchasing an additional 202 shares during the period. 97.79% of the stock is currently owned by institutional investors and hedge funds.

About Halozyme Therapeutics

Halozyme Therapeutics, Inc is a biopharmaceutical company focused on developing and commercializing drug-delivery technologies that improve the administration of injectable medicines. The company's primary platform, ENHANZE, uses recombinant human hyaluronidase to temporarily modify tissue beneath the skin, allowing certain drugs and biologics that are traditionally delivered by intravenous infusion to be administered by subcutaneous injection.

Halozyme licenses its technology to pharmaceutical and biotechnology companies, which incorporate it into their own therapies.

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