Trevena, Inc. (NASDAQ:TRVN) enjoyed a 24.44% run-up in share price since hitting record low of $1.35. The stock managed -8.7% fall and now stands at $1.68 as of 11/22/2017. At recent session, the prices were hovering between $1.66 and $1.87. This company shares are 372.62% off its target price of $7.94 and the current market capitalization stands at $96.77M. The recent change has given its price a -16.73% deficit over SMA 50 and -79% deficit over its 52-week high. The stock witnessed 9.09% gains, -30.29% declines and -41.26% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TRVN’s volatility during a week at 8.98% and during a month it has been found around 9.5%.Trevena, Inc. (TRVN) Top Holders
Institutional investors currently hold around $64 million or 66.8% in TRVN stock. Look at its top three institutional owners. Wellington Management Group Llp owns $13.65 million in Trevena, Inc., which represents roughly 14.11% of the company’s market cap and approximately 21.33% of the institutional ownership. Similar statistics are true for the second largest owner, Fmr Llc, which owns 4,215,156 shares of the stock are valued at $7.76 million. The third largest holder is Blackrock Inc., which currently holds $7.44 million worth of this stock and that ownership represents nearly 7.69% of its market capitalization.
At the end of September reporting period, 36 institutional holders increased their position in Trevena, Inc. (NASDAQ:TRVN) by some 1,223,409 shares, 24 decreased positions by 2,036,216 and 29 held positions by 31,753,939. That puts total institutional holdings at 35,013,564 shares, according to SEC filings. The stock grabbed 7 new institutional investments totaling 275,021 shares while 6 institutional investors sold out their entire positions totaling 434,543 shares.Trevena, Inc. (NASDAQ:TRVN) Insider Trades
Multiple company employees have indulged in significant insider trading. Trevena, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Sr. VP, Research & CSO Lark Michael W. has sold 23,699 shares of Trevena, Inc. (TRVN) in trading session dated Feb. 10, 2017. These shares are worth $189,592 and were traded at $8 each. The SEC filing shows that Bourdow Carrie L. performed a purchase of 4,000 shares. The SVP, Chief Commercial Officer added these shares by way of transaction on Nov. 09, 2016. The company’s shares were assimilated at $4.34 per share worth to an investment of some $17,360 on account of Bourdow Carrie L..
President & CEO, Gowen Maxine, purchased 12,500 common shares of Trevena, Inc. (TRVN) in the open market. In a transaction dated Nov. 07, 2016, the shares were bought at an average price of $4.1, giving away a sum of $51,250. After this purchase, 309,609 common shares of TRVN are directly owned by the insider, with total stake valued at $520,143.
In the transaction dated Nov. 07, 2016, the great number of shares acquired came courtesy the SVP, Bus Dev & Corp Planning; Habib Yacoub added a total of 5,000 shares at an average price of $4.12, amounting to approximately $20,600. The insider now directly owns 5,000 shares worth $8,400.Trevena, Inc. (TRVN) Analyst Guide
Several analysts have released their opinion on Trevena, Inc. (NASDAQ:TRVN), with 5 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.43 average brokerage recommendation.