Perceptive Advisors LLC Continues to Hold Stake in ADMA Biologics Inc (ADMA)

Perceptive Advisors LLC maintained its stake in ADMA Biologics Inc (NASDAQ:ADMA) during the first quarter, Holdings Channel reports. The firm owned 721,102 shares of the biotechnology company’s stock at the end of the first quarter. Perceptive Advisors LLC owned about 0.06% of ADMA Biologics worth $3,519,000 at the end of the most recent reporting period.

Separately, Vanguard Group Inc. raised its position in shares of ADMA Biologics by 3.2% in the first quarter. Vanguard Group Inc. now owns 150,028 shares of the biotechnology company’s stock worth $732,000 after buying an additional 4,634 shares in the last quarter. Hedge funds and other institutional investors own 71.71% of the company’s stock.

Institutional Ownership by Quarter for ADMA Biologics (NASDAQ:ADMA)

ADMA Biologics Inc (ADMA) traded down 4.245% during mid-day trading on Friday, reaching $3.045. The company’s stock had a trading volume of 91,553 shares. ADMA Biologics Inc has a 1-year low of $2.96 and a 1-year high of $8.00. The company’s market capitalization is $39.24 million. The firm has a 50 day moving average price of $3.92 and a 200-day moving average price of $4.69.

ADMA Biologics (NASDAQ:ADMA) last posted its quarterly earnings data on Friday, May 12th. The biotechnology company reported ($0.51) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.28) by $0.23. ADMA Biologics had a negative return on equity of 6,405.90% and a negative net margin of 191.99%. The firm had revenue of $2.63 million during the quarter, compared to the consensus estimate of $3.35 million. On average, equities analysts predict that ADMA Biologics Inc will post ($1.28) EPS for the current fiscal year.

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A number of research analysts recently weighed in on the company. ValuEngine lowered ADMA Biologics from a “sell” rating to a “strong sell” rating in a report on Friday, June 2nd. Maxim Group set a $13.00 price objective on ADMA Biologics and gave the stock a “buy” rating in a report on Wednesday, June 7th.

ADMA Biologics Company Profile

ADMA Biologics, Inc is a late-stage biopharmaceutical company that develops, manufactures and intends to market specialty plasma-based biologics for the treatment and prevention of infectious diseases. The Company is engaged in the development and commercialization of human plasma and plasma-derived therapeutics.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:ADMA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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