Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) EVP Indrani Lall Franchini sold 2,605 shares of the business’s stock in a transaction that occurred on Wednesday, November 28th. The shares were sold at an average price of $118.13, for a total value of $307,728.65. Following the completion of the sale, the executive vice president now owns 29,304 shares of the company’s stock, valued at approximately $3,461,681.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of ALXN traded down $0.19 during mid-day trading on Friday, hitting $123.15. 1,314,643 shares of the company’s stock traded hands, compared to its average volume of 1,093,766. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.74 and a current ratio of 3.16. Alexion Pharmaceuticals, Inc. has a 1 year low of $102.10 and a 1 year high of $140.77. The stock has a market capitalization of $27.52 billion, a PE ratio of 23.87, a price-to-earnings-growth ratio of 1.06 and a beta of 0.99.
Alexion Pharmaceuticals (NASDAQ:ALXN) last posted its earnings results on Wednesday, October 24th. The biopharmaceutical company reported $2.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.74 by $0.28. Alexion Pharmaceuticals had a return on equity of 16.60% and a net margin of 3.90%. The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the previous year, the firm earned $1.44 earnings per share. The business’s revenue was up 19.5% compared to the same quarter last year. Research analysts forecast that Alexion Pharmaceuticals, Inc. will post 6.82 EPS for the current fiscal year.
A number of hedge funds have recently modified their holdings of ALXN. Jennison Associates LLC grew its stake in Alexion Pharmaceuticals by 43.1% in the third quarter. Jennison Associates LLC now owns 8,627,536 shares of the biopharmaceutical company’s stock worth $1,199,314,000 after purchasing an additional 2,599,414 shares during the period. FMR LLC grew its stake in Alexion Pharmaceuticals by 8.1% in the third quarter. FMR LLC now owns 21,096,993 shares of the biopharmaceutical company’s stock worth $2,932,693,000 after purchasing an additional 1,581,376 shares during the period. Iridian Asset Management LLC CT grew its stake in Alexion Pharmaceuticals by 14,950.7% in the second quarter. Iridian Asset Management LLC CT now owns 1,496,192 shares of the biopharmaceutical company’s stock worth $185,752,000 after purchasing an additional 1,486,251 shares during the period. American Century Companies Inc. grew its stake in Alexion Pharmaceuticals by 164.2% in the third quarter. American Century Companies Inc. now owns 1,904,296 shares of the biopharmaceutical company’s stock worth $264,716,000 after purchasing an additional 1,183,476 shares during the period. Finally, Advisors Asset Management Inc. grew its stake in Alexion Pharmaceuticals by 7,677.7% in the second quarter. Advisors Asset Management Inc. now owns 1,155,454 shares of the biopharmaceutical company’s stock worth $2,288,000 after purchasing an additional 1,140,598 shares during the period. 96.62% of the stock is currently owned by institutional investors.
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Alexion Pharmaceuticals Company Profile
Alexion Pharmaceuticals, Inc, a biopharmaceutical company, develops and commercializes various therapeutic products. The company offers Soliris (eculizumab), a monoclonal antibody for the treatment of paroxysmal nocturnal hemoglobinuria (PNH), a genetic blood disorder; atypical hemolytic uremic syndrome (aHUS), a genetic disease; and generalized myasthenia gravis, a debilitating, complement-mediated neuromuscular disease.
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