Ultragenyx Pharmaceutical Inc. (RARE) Files Form 4 Insider Selling : Sunil Agarwal Sells 650 Shares

Ultragenyx Pharmaceutical Inc. (RARE): Sunil Agarwal , Chief Medical Officer of Ultragenyx Pharmaceutical Inc. sold 650 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $66.00 per share for a total value of $42,900.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 18, 2016, Emil D Kakkis (President & CEO) sold 20,000 shares at $60.74 per share price.On Apr 21, 2016, Sunil Agarwal (Chief Medical Officer) sold 649 shares at $70.53 per share price.Also, On Dec 18, 2015, Theodore Alan Huizenga (Controller and PAO) sold 1,500 shares at $110.55 per share price.On Dec 14, 2015, Shalini Sharp (CFO & Senior Vice President) sold 12,000 shares at $101.60 per share price.

Ultragenyx Pharmaceutical Inc: On Wednesday, May 25, 2016 heightened volatility was witnessed in Ultragenyx Pharmaceutical Inc which led to swings in the share price. The shares opened for trading at $68.54 and hit $71.105 on the upside , eventually ending the session at $68.59, with a gain of 0.45% or 0.31 points. The heightened volatility saw the trading volume jump to 6,43,318 shares. The 52-week high of the share price is $137.05 and the company has a market cap of $2,676 M . The 52-week low of the share price is at $49.

Ultragenyx Pharmaceutical Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Ultragenyx Pharmaceutical Inc is Reiterated by Wedbush to Outperform while Lowering the Price Target of the company shares to $ 92 from a previous price target of $99 . The Rating was issued on May 10, 2016.Ultragenyx Pharmaceutical Inc is Initiated by Robert W. Baird to Outperform and the brokerage firm has set the Price Target at $85. The Rating was issued on Mar 8, 2016.

Ultragenyx Pharmaceutical Inc. is a clinical-stage biopharmaceutical company. The Company is focused on the identification acquisition development and commercialization of products for the treatment of rare and ultra-rare diseases with a focus on serious debilitating genetic diseases. Its pipeline consists of two product categories: biologics including a monoclonal antibody and enzyme replacement therapies and small-molecule substrate replacement therapies. Its products are KRN23 (UX023) rhGUS (UX003) rhPPCA (UX004) Triheptanoin (UX007) and SA-ER (UX001). KRN23 is a fully human monoclonal antibody administered via subcutaneous injection. rhGUS is an intravenous (IV) enzyme replacement therapy for the treatment of mucopolysaccharidosis 7. rhPPCA is an enzyme replacement therapy for galactosialidosis. Triheptanoin is a medium odd-chain triglyceride of seven-carbon fatty acids. SA-ER is for the treatment of hereditary inclusion body myopathy (HIBM).

Leave a Reply

Ultragenyx Pharmaceutical Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Ultragenyx Pharmaceutical Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.