Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) - Stock analysts at Jefferies Financial Group issued their FY2026 EPS estimates for Arrowhead Pharmaceuticals in a report released on Tuesday, November 23rd. Jefferies Financial Group analyst M. Raycroft anticipates that the biotechnology company will earn $10.85 per share for the year. Arrowhead Pharmaceuticals (NASDAQ:ARWR) last posted its quarterly earnings data on Monday, November 22nd. The biotechnology company reported ($0.61) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.04 by ($0.65). Arrowhead Pharmaceuticals had a negative return on equity of 28.00% and a negative net margin of 116.97%. During the same quarter in the previous year, the business earned ($0.48) earnings per share.
A number of other brokerages have also commented on ARWR. TheStreet raised shares of Arrowhead Pharmaceuticals from a "d+" rating to a "c-" rating in a research report on Thursday, November 4th. HC Wainwright raised their target price on shares of Arrowhead Pharmaceuticals from $95.00 to $100.00 and gave the stock a "buy" rating in a research report on Tuesday, August 10th. SVB Leerink raised their target price on shares of Arrowhead Pharmaceuticals from $44.00 to $45.00 and gave the stock a "market perform" rating in a research report on Tuesday. Finally, Chardan Capital cut their price objective on shares of Arrowhead Pharmaceuticals from $97.00 to $94.00 and set a "buy" rating on the stock in a report on Friday, August 6th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $89.89.
Shares of NASDAQ:ARWR opened at $74.04 on Thursday. The firm has a market cap of $7.72 billion, a PE ratio of -60.20 and a beta of 1.14. The firm's 50 day simple moving average is $67.29 and its 200-day simple moving average is $69.47. Arrowhead Pharmaceuticals has a one year low of $56.05 and a one year high of $93.66.
In other news, Director Adeoye Y. Olukotun sold 5,000 shares of Arrowhead Pharmaceuticals stock in a transaction on Monday, September 13th. The shares were sold at an average price of $63.76, for a total transaction of $318,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Christopher Richard Anzalone sold 50,000 shares of Arrowhead Pharmaceuticals stock in a transaction on Friday, October 22nd. The stock was sold at an average price of $65.63, for a total transaction of $3,281,500.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 89,500 shares of company stock valued at $5,945,295. 3.50% of the stock is owned by insiders.
Several institutional investors have recently modified their holdings of the stock. Cubist Systematic Strategies LLC increased its holdings in Arrowhead Pharmaceuticals by 619.7% in the first quarter. Cubist Systematic Strategies LLC now owns 40,092 shares of the biotechnology company's stock valued at $2,659,000 after buying an additional 34,521 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Arrowhead Pharmaceuticals by 50.2% in the first quarter. Principal Financial Group Inc. now owns 517,820 shares of the biotechnology company's stock valued at $34,337,000 after buying an additional 173,082 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Arrowhead Pharmaceuticals by 121.8% in the first quarter. Geneos Wealth Management Inc. now owns 8,194 shares of the biotechnology company's stock valued at $596,000 after buying an additional 4,500 shares in the last quarter. Fulton Bank N.A. increased its holdings in Arrowhead Pharmaceuticals by 6.5% in the second quarter. Fulton Bank N.A. now owns 4,076 shares of the biotechnology company's stock valued at $337,000 after buying an additional 249 shares in the last quarter. Finally, Sound Income Strategies LLC increased its holdings in Arrowhead Pharmaceuticals by 36.8% in the second quarter. Sound Income Strategies LLC now owns 930 shares of the biotechnology company's stock valued at $77,000 after buying an additional 250 shares in the last quarter. 63.54% of the stock is owned by hedge funds and other institutional investors.
About Arrowhead Pharmaceuticals
Arrowhead Pharmaceuticals, Inc operates as a biopharmaceutical company. It develops medicines that treat intractable diseases by silencing the genes that cause them. The firms preclinical stage drug candidates include ARO-ANG3, ARO-AAT, ARO-APOC3, ARO-HIF2, ARO-HSD, ARO-Lung2, ARO-COV, and ARO-ENaC. The company was founded by R.
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