Atara Biotherapeutics, Inc. (NASDAQ:ATRA) CEO Isaac E. Ciechanover sold 4,400 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $14.25, for a total transaction of $62,700.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Shares of Atara Biotherapeutics, Inc. (NASDAQ:ATRA) traded down $0.30 during trading hours on Tuesday, hitting $14.50. 346,300 shares of the company were exchanged, compared to its average volume of 229,167. Atara Biotherapeutics, Inc. has a twelve month low of $11.80 and a twelve month high of $23.00.
Atara Biotherapeutics (NASDAQ:ATRA) last posted its earnings results on Thursday, November 9th. The biotechnology company reported ($1.02) EPS for the quarter, missing the consensus estimate of ($0.97) by ($0.05). research analysts expect that Atara Biotherapeutics, Inc. will post -4 earnings per share for the current year.
Institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC acquired a new position in Atara Biotherapeutics in the 3rd quarter valued at approximately $142,000. Russell Investments Group Ltd. bought a new position in Atara Biotherapeutics during the 3rd quarter valued at about $170,000. Voya Investment Management LLC grew its position in shares of Atara Biotherapeutics by 16.2% during the 2nd quarter. Voya Investment Management LLC now owns 11,813 shares of the biotechnology company’s stock worth $165,000 after buying an additional 1,651 shares during the period. State of Wisconsin Investment Board bought a new position in Atara Biotherapeutics during the 2nd quarter worth approximately $252,000. Finally, The Manufacturers Life Insurance Company boosted its stake in Atara Biotherapeutics by 7.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 20,377 shares of the biotechnology company’s stock worth $285,000 after acquiring an additional 1,369 shares during the last quarter. Institutional investors and hedge funds own 85.61% of the company’s stock.
Several analysts have recently issued reports on ATRA shares. BidaskClub cut shares of Atara Biotherapeutics from a “hold” rating to a “sell” rating in a research note on Tuesday, August 22nd. Zacks Investment Research upgraded shares of Atara Biotherapeutics from a “sell” rating to a “hold” rating and set a $15.00 price objective on the stock in a report on Tuesday, August 22nd. Jefferies Group restated a “buy” rating and issued a $30.00 target price on shares of Atara Biotherapeutics in a research note on Thursday, August 31st. ValuEngine upgraded shares of Atara Biotherapeutics from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Finally, Canaccord Genuity restated a “buy” rating and issued a $47.00 target price on shares of Atara Biotherapeutics in a research note on Monday, September 11th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Atara Biotherapeutics presently has a consensus rating of “Hold” and an average price target of $24.40.
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About Atara Biotherapeutics
Atara Biotherapeutics, Inc is a clinical-stage biopharmaceutical company. The Company is focused on developing therapies for patients with severe and life-threatening diseases. The Company operates through the business of developing and commercializing therapeutics segment. The Company is focused on developing allogeneic or third-party derived antigen-specific T-cells.
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