Eidos Therapeutics Inc (EIDX) Insider Sells $115,550.00 in Stock

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Eidos Therapeutics Inc (NASDAQ:EIDX) insider Jonathan C. Fox sold 5,000 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $23.11, for a total value of $115,550.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of EIDX opened at $25.01 on Wednesday. Eidos Therapeutics Inc has a 12-month low of $8.89 and a 12-month high of $25.55.

Eidos Therapeutics (NASDAQ:EIDX) last issued its quarterly earnings results on Monday, April 15th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.01). As a group, equities research analysts predict that Eidos Therapeutics Inc will post -1.3 earnings per share for the current year.

Several equities analysts recently issued reports on EIDX shares. JPMorgan Chase & Co. upgraded Eidos Therapeutics from a “neutral” rating to an “overweight” rating in a research note on Wednesday, February 27th. BMO Capital Markets started coverage on Eidos Therapeutics in a research note on Friday, February 22nd. They set an “outperform” rating and a $28.00 price target on the stock. Finally, Zacks Investment Research lowered Eidos Therapeutics from a “hold” rating to a “sell” rating in a research note on Tuesday, April 9th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $27.00.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wexford Capital LP boosted its holdings in Eidos Therapeutics by 100.0% during the fourth quarter. Wexford Capital LP now owns 40,000 shares of the company’s stock valued at $550,000 after purchasing an additional 20,000 shares in the last quarter. BlackRock Inc. boosted its holdings in Eidos Therapeutics by 385.1% during the third quarter. BlackRock Inc. now owns 727,698 shares of the company’s stock valued at $7,264,000 after purchasing an additional 577,698 shares in the last quarter. Vanguard Group Inc boosted its holdings in Eidos Therapeutics by 297.3% during the third quarter. Vanguard Group Inc now owns 198,673 shares of the company’s stock valued at $1,983,000 after purchasing an additional 148,673 shares in the last quarter. Aisling Capital Management LP acquired a new stake in Eidos Therapeutics during the fourth quarter valued at approximately $15,461,000. Finally, Fosun International Ltd acquired a new stake in Eidos Therapeutics during the fourth quarter valued at approximately $1,308,000. 30.15% of the stock is currently owned by institutional investors.

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Eidos Therapeutics Company Profile

Eidos Therapeutics, Inc, a clinical stage biopharmaceutical company, focuses on developing drugs to treat diseases caused by transthyretin (TTR) amyloidosis (ATTR). It is developing AG10, an orally-administered small molecule designed to stabilize tetrameric TTR, thereby halting at its outset the series of molecular events that give rise to ATTR.

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