Today, the SVP Ops & Prod Dev of ANI Pharmaceuticals Inc (ANIP), James Marken, sold shares of ANIP for $629.5K.
In addition to James Marken, 4 other ANIP executives reported Sell trades in the last month. Following James Marken’s last ANIP Sell transaction on May 15, 2019, the stock climbed by 0.8%.
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Based on ANI Pharmaceuticals Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $52.89 million and quarterly net profit of $440K. In comparison, last year the company earned revenue of $46.48 million and had a net profit of $2.24 million. ANIP’s market cap is $841.4M and the company has a P/E ratio of 61.02. Currently, ANI Pharmaceuticals Inc has an average volume of 79.84K.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $84.00, reflecting a 21.3% upside.
In the last 30 days, insiders have sold $3.25M worth of ANIP shares and purchased $218.4K worth of ANIP shares. The insider sentiment on ANI Pharmaceuticals Inc has been negative according to 36 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
James Marken’s trades have generated a -17.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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ANI Pharmaceuticals, Inc. is a pharmaceutical company, which engages in developing, manufacturing, and marketing branded and generic prescription pharmaceuticals. Its areas of product development include narcotics, oncolytics, hormones and steroids, and complex formulations involving extended release and combination products.
