A Director at Ultragenyx (RARE) is Selling Shares


Today, a Director at Ultragenyx (NASDAQ: RARE), William Aliski, sold shares of RARE for $287.5K.

Following William Aliski’s last RARE Sell transaction on January 25, 2018, the stock climbed by 19.5%.

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Based on Ultragenyx’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $12.79 million and GAAP net loss of $52.73 million. In comparison, last year the company earned revenue of $0 and had a GAAP net loss of $72.89 million. Currently, Ultragenyx has an average volume of 434.2K.

Based on 12 analyst ratings, the analyst consensus is Strong Buy with an average price target of $85.91, reflecting a -9.7% downside.

The insider sentiment on Ultragenyx has been negative according to 56 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Ultragenyx Pharmaceutical, Inc. is a biopharmaceutical company, which engages in the identification, acquisition, development, and commercialization of novel products for the treatment of serious rare and ultra-rare genetic diseases. Its product includes Mepsevii and Crysvita.

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