Atara Biotherapeutics, Inc. (NASDAQ:ATRA) – Investment analysts at Jefferies Group issued their Q3 2017 earnings per share (EPS) estimates for Atara Biotherapeutics in a research report issued to clients and investors on Tuesday. Jefferies Group analyst M. Raycroft anticipates that the biotechnology company will earn ($1.10) per share for the quarter. Jefferies Group has a “Buy” rating and a $30.00 price objective on the stock. Jefferies Group also issued estimates for Atara Biotherapeutics’ Q4 2017 earnings at ($1.32) EPS, FY2017 earnings at ($4.24) EPS, FY2018 earnings at ($5.25) EPS, FY2019 earnings at ($5.65) EPS, FY2020 earnings at ($5.25) EPS and FY2021 earnings at ($4.17) EPS.
Atara Biotherapeutics (NASDAQ:ATRA) last released its earnings results on Monday, August 7th. The biotechnology company reported ($0.94) EPS for the quarter, missing the consensus estimate of ($0.89) by $0.05.
A number of other brokerages also recently issued reports on ATRA. Zacks Investment Research raised shares of Atara Biotherapeutics from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. Canaccord Genuity reissued a “buy” rating and issued a $47.00 price target on shares of Atara Biotherapeutics in a report on Friday, April 21st. ValuEngine downgraded shares of Atara Biotherapeutics from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 1st. Finally, William Blair reissued an “outperform” rating on shares of Atara Biotherapeutics in a report on Monday, June 26th. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $25.75.
Atara Biotherapeutics (ATRA) opened at 14.75 on Thursday. The firm has a 50-day moving average of $15.02 and a 200 day moving average of $15.89. Atara Biotherapeutics has a 12-month low of $11.80 and a 12-month high of $23.40. The company’s market capitalization is $450.75 million.
In other news, CFO John Mcgrath sold 4,000 shares of the stock in a transaction dated Tuesday, May 16th. The shares were sold at an average price of $15.11, for a total value of $60,440.00. Following the sale, the chief financial officer now directly owns 113,762 shares of the company’s stock, valued at $1,718,943.82. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Christopher Haqq sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $12.65, for a total transaction of $75,900.00. Following the completion of the transaction, the executive vice president now owns 368,080 shares in the company, valued at $4,656,212. The disclosure for this sale can be found here. Over the last three months, insiders sold 54,308 shares of company stock worth $797,382. Insiders own 16.10% of the company’s stock.
Several hedge funds and other institutional investors have recently bought and sold shares of ATRA. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Atara Biotherapeutics during the first quarter valued at $132,000. DekaBank Deutsche Girozentrale bought a new position in Atara Biotherapeutics during the first quarter valued at $185,000. American International Group Inc. boosted its position in Atara Biotherapeutics by 7.1% in the first quarter. American International Group Inc. now owns 14,304 shares of the biotechnology company’s stock valued at $294,000 after buying an additional 948 shares during the period. State of Wisconsin Investment Board bought a new position in Atara Biotherapeutics during the second quarter valued at $252,000. Finally, Dimensional Fund Advisors LP boosted its position in Atara Biotherapeutics by 2.9% in the second quarter. Dimensional Fund Advisors LP now owns 21,718 shares of the biotechnology company’s stock valued at $304,000 after buying an additional 610 shares during the period. Institutional investors own 81.50% of the company’s stock.
Atara Biotherapeutics Company Profile
Atara Biotherapeutics, Inc is a clinical-stage biopharmaceutical company. The Company is focused on developing therapies for patients with severe and life-threatening diseases. The Company operates through the business of developing and commercializing therapeutics segment. The Company is focused on developing allogeneic or third-party derived antigen-specific T-cells.
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