Insider Selling: Uniqure NV (QURE) Director Sells 5,000 Shares of Stock

Uniqure NV (NASDAQ:QURE) Director Philip Astley-Sparke sold 5,000 shares of the stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $30.39, for a total value of $151,950.00. Following the completion of the transaction, the director now owns 23,252 shares in the company, valued at approximately $706,628.28. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

NASDAQ:QURE traded down $0.69 during mid-day trading on Thursday, reaching $28.93. 27,116 shares of the stock were exchanged, compared to its average volume of 596,626. The company has a market capitalization of $1.10 billion, a PE ratio of -9.84 and a beta of 0.81. The company has a quick ratio of 7.56, a current ratio of 7.56 and a debt-to-equity ratio of 0.05. Uniqure NV has a 1 year low of $14.68 and a 1 year high of $43.23.

Uniqure (NASDAQ:QURE) last released its quarterly earnings results on Tuesday, November 6th. The biotechnology company reported ($0.59) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.62) by $0.03. The firm had revenue of $3.15 million for the quarter, compared to the consensus estimate of $3.37 million. Uniqure had a negative return on equity of 58.49% and a negative net margin of 725.04%. As a group, sell-side analysts anticipate that Uniqure NV will post -2.57 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in QURE. Gagnon Securities LLC purchased a new position in shares of Uniqure in the 2nd quarter valued at approximately $209,000. Trexquant Investment LP purchased a new position in shares of Uniqure in the 2nd quarter valued at approximately $272,000. Oppenheimer & Co. Inc. purchased a new position in shares of Uniqure in the 3rd quarter valued at approximately $279,000. BlueMountain Capital Management LLC purchased a new position in shares of Uniqure in the 2nd quarter valued at approximately $383,000. Finally, CIBC World Markets Inc. purchased a new position in shares of Uniqure in the 2nd quarter valued at approximately $392,000. Hedge funds and other institutional investors own 60.62% of the company’s stock.

A number of research analysts have recently commented on QURE shares. Janney Montgomery Scott reiterated a “buy” rating on shares of Uniqure in a report on Wednesday, August 8th. BidaskClub upgraded Uniqure from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 9th. HC Wainwright set a $42.00 price target on Uniqure and gave the stock a “buy” rating in a research note on Thursday, August 9th. Cantor Fitzgerald set a $58.00 price target on Uniqure and gave the stock a “buy” rating in a research note on Saturday, August 11th. Finally, Cowen restated a “buy” rating on shares of Uniqure in a research note on Monday, August 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Uniqure has an average rating of “Buy” and an average target price of $55.67.

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Uniqure Company Profile

uniQure N.V., a gene therapy company, engages in the discovery, development, and commercialization of gene therapies in the Netherlands. The company develops AMT-060, which is in Phase I/II clinical trial to treat hemophilia B; AMT-061, a gene therapy that is in Phase III clinical trial for the treatment of hemophilia; and AMT-126, a gene therapy for the treatment of congestive heart failure and AMT-130 to treat huntington's disease.

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