SOPHiA GENETICS (NASDAQ:SOPH) Chairman Sells 20,000 Shares

Key Points

• Chairman Jurgi Camblong sold 20,000 SOPHiA GENETICS shares at an average $7.23 apiece, generating $144,600 under a pre-arranged Rule 10b5-1 trading plan. He retained 3,452,822 shares after the sale.
• SOPH shares fell 0.5% to $7.67, near their 52-week high of $7.88. The stock has risen substantially from its one-year low of $2.96, despite a market capitalization of $643.4 million and continued losses.
• The company’s latest quarterly results showed a $0.26 per-share loss, missing estimates by $0.05, while revenue of $23.31 million exceeded forecasts. Analysts’ average rating is Hold, with a consensus price target of $10.00.

SOPHiA GENETICS SA (NASDAQ:SOPH - Get Free Report) Chairman Jurgi Camblong sold 20,000 shares of the company's stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $7.23, for a total value of $144,600.00. Following the completion of the transaction, the chairman owned 3,452,822 shares of the company's stock, valued at approximately $24,963,903.06. This represents a 0.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jurgi Camblong also recently made the following trade(s):

• On Monday, August 10th, Jurgi Camblong sold 8,500 shares of SOPHiA GENETICS stock. The shares were sold at an average price of $7.61, for a total transaction of $64,685.00.
• On Tuesday, August 4th, Jurgi Camblong sold 20,000 shares of SOPHiA GENETICS stock. The stock was sold at an average price of $6.92, for a total transaction of $138,400.00.
• On Tuesday, July 21st, Jurgi Camblong sold 20,000 shares of SOPHiA GENETICS stock. The shares were sold at an average price of $6.63, for a total transaction of $132,600.00.
• On Monday, July 20th, Jurgi Camblong sold 24,381 shares of SOPHiA GENETICS stock. The shares were sold at an average price of $6.29, for a total transaction of $153,356.49.
• On Friday, July 10th, Jurgi Camblong sold 8,500 shares of SOPHiA GENETICS stock. The shares were sold at an average price of $5.62, for a total transaction of $47,770.00.
• On Tuesday, July 7th, Jurgi Camblong sold 17,685 shares of SOPHiA GENETICS stock. The stock was sold at an average price of $5.28, for a total transaction of $93,376.80.
• On Monday, July 6th, Jurgi Camblong sold 22,486 shares of SOPHiA GENETICS stock. The shares were sold at an average price of $5.25, for a total transaction of $118,051.50.
• On Thursday, June 25th, Jurgi Camblong sold 1,373 shares of SOPHiA GENETICS stock. The shares were sold at an average price of $5.70, for a total value of $7,826.10.
• On Friday, June 26th, Jurgi Camblong sold 50,069 shares of SOPHiA GENETICS stock. The stock was sold at an average price of $5.80, for a total value of $290,400.20.
• On Wednesday, June 10th, Jurgi Camblong sold 8,500 shares of SOPHiA GENETICS stock. The stock was sold at an average price of $5.24, for a total value of $44,540.00.

SOPHiA GENETICS Stock Down 0.5%

SOPH traded down $0.04 on Monday, reaching $7.67. The company's stock had a trading volume of 408,022 shares, compared to its average volume of 221,806. SOPHiA GENETICS SA has a 1 year low of $2.96 and a 1 year high of $7.88. The business's 50 day moving average is $5.63 and its 200 day moving average is $5.15. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.69 and a quick ratio of 2.55. The stock has a market cap of $643.44 million, a price-to-earnings ratio of -6.67 and a beta of 0.96.

SOPHiA GENETICS (NASDAQ:SOPH - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by ($0.05). The business had revenue of $23.31 million for the quarter, compared to analysts' expectations of $21.72 million. SOPHiA GENETICS had a negative return on equity of 132.47% and a negative net margin of 93.86%. As a group, research analysts forecast that SOPHiA GENETICS SA will post -0.77 EPS for the current fiscal year.

Hedge Funds Weigh In On SOPHiA GENETICS

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Silverberg Bernstein Capital Management LLC raised its holdings in SOPHiA GENETICS by 8.7% during the first quarter. Silverberg Bernstein Capital Management LLC now owns 51,970 shares of the company's stock worth $257,000 after purchasing an additional 4,155 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in SOPHiA GENETICS by 24.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 31,332 shares of the company's stock valued at $148,000 after purchasing an additional 6,205 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of SOPHiA GENETICS by 0.7% during the 1st quarter. Principal Financial Group Inc. now owns 1,409,242 shares of the company's stock valued at $6,976,000 after purchasing an additional 9,800 shares during the period. First Dallas Securities Inc. acquired a new position in shares of SOPHiA GENETICS during the 1st quarter valued at $50,000. Finally, Squarepoint Ops LLC bought a new stake in shares of SOPHiA GENETICS in the 3rd quarter worth $49,000. 31.59% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on SOPH shares. Zacks Research upgraded shares of SOPHiA GENETICS to a "hold" rating in a research note on Tuesday, July 21st. Weiss Ratings reissued a "sell (d-)" rating on shares of SOPHiA GENETICS in a research report on Friday, July 17th. HC Wainwright lifted their price target on SOPHiA GENETICS from $12.00 to $14.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Finally, BTIG Research upped their price objective on SOPHiA GENETICS from $8.00 to $9.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $10.00.

About SOPHiA GENETICS

SOPHiA GENETICS SA is a data-driven medicine company founded in 2011 and headquartered in La Tène, Switzerland. The firm develops and operates a cloud-native software platform designed to standardize and analyze complex genomic and radiomic data. Its core offering, the SOPHiA DDM™ platform, leverages artificial intelligence and machine learning algorithms to help healthcare institutions, laboratories and biopharmaceutical partners derive actionable insights from next-generation sequencing and medical imaging datasets.

The SOPHiA DDM™ platform supports a range of clinical applications, including oncology, hereditary diseases and rare genetic disorders.

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