Vistagen Therapeutics Inc (NASDAQ:VTGN) Director Jon S. Saxe acquired 12,080 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were bought at an average price of $1.26 per share, for a total transaction of $15,220.80. Following the acquisition, the director now owns 3,251 shares in the company, valued at approximately $4,096.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
NASDAQ VTGN traded down $0.01 on Friday, reaching $1.27. The company’s stock had a trading volume of 495,400 shares, compared to its average volume of 272,780. The stock has a market cap of $54.55 million, a P/E ratio of -1.14 and a beta of -0.34. Vistagen Therapeutics Inc has a 52 week low of $0.81 and a 52 week high of $2.44.
Vistagen Therapeutics (NASDAQ:VTGN) last posted its earnings results on Tuesday, February 12th. The company reported ($0.24) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.02). As a group, equities analysts predict that Vistagen Therapeutics Inc will post -0.9 EPS for the current year.
A number of analysts recently weighed in on the stock. ValuEngine cut shares of Vistagen Therapeutics from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. Maxim Group reissued a “buy” rating and issued a $6.00 target price on shares of Vistagen Therapeutics in a research note on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $8.30.
A number of institutional investors have recently modified their holdings of the business. D.A. Davidson & CO. grew its stake in Vistagen Therapeutics by 22.9% during the fourth quarter. D.A. Davidson & CO. now owns 94,000 shares of the company’s stock worth $141,000 after buying an additional 17,500 shares during the last quarter. Geode Capital Management LLC grew its stake in Vistagen Therapeutics by 13.0% during the fourth quarter. Geode Capital Management LLC now owns 154,457 shares of the company’s stock worth $231,000 after buying an additional 17,721 shares during the last quarter. Millennium Management LLC bought a new stake in Vistagen Therapeutics during the fourth quarter worth about $28,000. Northern Trust Corp grew its stake in Vistagen Therapeutics by 168.6% during the fourth quarter. Northern Trust Corp now owns 69,642 shares of the company’s stock worth $104,000 after buying an additional 43,714 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in Vistagen Therapeutics by 42.7% during the third quarter. Vanguard Group Inc. now owns 257,465 shares of the company’s stock worth $373,000 after buying an additional 77,090 shares during the last quarter. 9.97% of the stock is currently owned by hedge funds and other institutional investors.
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Vistagen Therapeutics Company Profile
VistaGen Therapeutics, Inc, a clinical-stage biopharmaceutical company, engages in developing and commercializing medicines for depression and other central nervous system (CNS) disorders. The company's lead product candidate is AV-101, which is in Phase II development stage, an adjunctive treatment used for major depressive disorder.
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