The Producers Life Insurance coverage Firm elevated its stake in shares of argenx SE (NASDAQ:ARGX – Get Ranking) by 3.1% within the third quarter, based on the corporate in its most up-to-date disclosure with the Securities and Alternate Fee (SEC). The agency owned 47,860 shares of the corporate’s inventory after buying an extra 1,457 shares throughout the quarter. The Producers Life Insurance coverage Firm owned 0.09% of argenx value $17,112,000 as of its most up-to-date SEC submitting.
A variety of different hedge funds and different institutional buyers have additionally lately purchased and bought shares of the corporate. Tobam bought a brand new stake in shares of argenx within the third quarter valued at about $6,157,000. Brinker Capital Investments LLC boosted its holdings in argenx by 2.4% within the third quarter. Brinker Capital Investments LLC now owns 4,787 shares of the corporate’s inventory valued at $1,690,000 after buying an extra 113 shares within the final quarter. Parkside Monetary Financial institution & Belief elevated its place in argenx by 144.8% throughout the third quarter. Parkside Monetary Financial institution & Belief now owns 71 shares of the corporate’s inventory value $25,000 after buying an extra 42 shares throughout the interval. Nice West Life Assurance Co. Can bought a brand new place in shares of argenx throughout the third quarter value roughly $2,311,000. Lastly, Monashee Funding Administration LLC acquired a brand new stake in shares of argenx within the third quarter valued at roughly $4,237,000. 57.29% of the inventory is presently owned by hedge funds and different institutional buyers.
argenx Inventory Efficiency
Shares of ARGX opened at $378.72 on Thursday. argenx SE has a 1 yr low of $249.50 and a 1 yr excessive of $407.93. The corporate’s 50 day easy transferring common is $383.35 and its 200 day easy transferring common is $374.23. The corporate has a market capitalization of $20.95 billion, a price-to-earnings ratio of -22.03 and a beta of 0.80.
argenx (NASDAQ:ARGX – Get Ranking) final posted its quarterly earnings information on Thursday, October twenty seventh. The corporate reported ($4.26) earnings per share (EPS) for the quarter, lacking the consensus estimate of ($3.50) by ($0.76). The enterprise had income of $146.49 million for the quarter, in comparison with analyst estimates of $115.49 million. argenx had a adverse return on fairness of 66.04% and a adverse web margin of 295.08%. Equities analysts anticipate that argenx SE will put up -15.6 EPS for the present fiscal yr.
Wall Avenue Analysts Forecast Development
A variety of analysis analysts lately weighed in on the corporate. William Blair initiated protection on argenx in a analysis report on Tuesday, December sixth. They issued an “outperform” score for the corporate. Morgan Stanley upped their goal value on shares of argenx from $401.00 to $450.00 and gave the inventory an “obese” score in a analysis report on Friday, October twenty eighth. Cowen lifted their value goal on shares of argenx from $441.00 to $458.00 in a analysis report on Wednesday. HC Wainwright upped their value goal on argenx from $440.00 to $480.00 and gave the inventory a “purchase” score in a report on Tuesday, January tenth. Lastly, Barclays lifted their value goal on argenx from €405.00 ($440.22) to €450.00 ($489.13) and gave the inventory an “obese” score in a report on Tuesday, December sixth. One analysis analyst has rated the inventory with a maintain score and 13 have issued a purchase score to the corporate. Based mostly on information from MarketBeat, argenx presently has a consensus score of “Average Purchase” and a consensus goal value of $453.23.
argenx SE operates as a world immunology firm dedicated to enhancing the lives of individuals affected by extreme autoimmune ailments. It operates from the Netherlands, Belgium, america of America, Japan, Switzerland, Germany and France. The agency partnering with educational researchers by its Immunology Innovation Program (IIP), argenx goals to translate immunology breakthroughs right into a world-class portfolio of novel antibody-based medicines.
This on the spot information alert was generated by narrative science know-how and monetary information from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to firstname.lastname@example.org.
Earlier than you contemplate argenx, you may wish to hear this.
MarketBeat retains monitor of Wall Avenue’s top-rated and greatest performing analysis analysts and the shares they suggest to their shoppers every day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and argenx wasn’t on the record.
Whereas argenx presently has a “Average Purchase” score amongst analysts, top-rated analysts consider these 5 shares are higher buys.