Trevena, Inc. (TRVN): A Detailed Look at its Institutional Ownership

Trevena, Inc. (NASDAQ:TRVN) produced a 8.15% rally since recording the worst price of $1.35. Thanks to the latest -5.81% decrease, it now trades at $1.46. Throughout the trading on 12/05/2017, the share price floated between $1.45 and $1.59. This company shares are 433.56% off its target price of $7.79 and the current market capitalization stands at $87.16M. The recent change has given its price a -22.38% deficit over SMA 50 and -81.75% deficit over its 52-week high. The stock witnessed -1.35% declines, -37.61% declines and -38.66% 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 7.87% and during a month it has been found around 9.06%.

Trevena, Inc. (TRVN) Top Holders

Institutional investors currently hold around $54 million or 66.7% in TRVN stock. Look at its top three institutional owners. Wellington Management Group Llp owns $11.5 million in Trevena, Inc., which represents roughly 13.2% of the company’s market cap and approximately 21.3% 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 $6.53 million. The third largest holder is Blackrock Inc., which currently holds $6.27 million worth of this stock and that ownership represents nearly 7.19% of its market capitalization.

Trevena, Inc. 13F Filings

At the end of 09/30/2017 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 $452,029.

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 $7,300.

Trevena, Inc. (TRVN) Analyst Guide

Several analysts have released their opinion on Trevena, Inc. (NASDAQ:TRVN), with 4 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 1.5 average brokerage recommendation.

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