Legal & General Group Plc held its stake in shares of Esperion Therapeutics, Inc. (NASDAQ:ESPR) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,054 shares of the biopharmaceutical company’s stock at the end of the 2nd quarter. Legal & General Group Plc’s holdings in Esperion Therapeutics were worth $192,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in ESPR. Teachers Advisors LLC boosted its position in shares of Esperion Therapeutics by 56.7% during the 4th quarter. Teachers Advisors LLC now owns 33,502 shares of the biopharmaceutical company’s stock valued at $419,000 after purchasing an additional 12,122 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Esperion Therapeutics during the 1st quarter valued at about $961,000. Wells Fargo & Company MN boosted its position in shares of Esperion Therapeutics by 39.4% during the 1st quarter. Wells Fargo & Company MN now owns 11,602 shares of the biopharmaceutical company’s stock valued at $410,000 after purchasing an additional 3,282 shares in the last quarter. State Board of Administration of Florida Retirement System bought a new stake in shares of Esperion Therapeutics during the 1st quarter valued at about $316,000. Finally, First Trust Advisors LP bought a new stake in shares of Esperion Therapeutics during the 1st quarter valued at about $713,000. Institutional investors own 83.30% of the company’s stock.
Esperion Therapeutics (NASDAQ:ESPR) last issued its quarterly earnings results on Tuesday, August 8th. The biopharmaceutical company reported ($1.92) EPS for the quarter, missing analysts’ consensus estimates of ($1.67) by ($0.25). During the same period in the previous year, the company earned ($0.62) earnings per share.
About Esperion Therapeutics
Esperion Therapeutics, Inc is a lipid management company. The Company is a late-stage pharmaceutical company focused on developing and commercializing once-daily, oral therapies for the treatment of patients with elevated low-density lipoprotein cholesterol (LDL-C). With a targeted mechanism of action, bempedoic acid, the Company’s lead product candidate, is an orally available, once-daily adenosine triphosphate (ATP)-citrate lyase (ACL) inhibitor that reduces cholesterol biosynthesis and lowers elevated levels of LDL-C by up-regulating the LDL receptor, but with reduced potential for muscle-related side effects.
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