Sarepta Therapeutics (SRPT) Receives a Hold from Oppenheimer

By Austin Angelo

Oppenheimer analyst Hartaj Singh maintained a Hold rating on Sarepta Therapeutics (SRPTResearch Report) today. The company’s shares closed last Wednesday at $122.57.

According to TipRanks.com, Singh is a 5-star analyst with an average return of 8.6% and a 46.5% success rate. Singh covers the Healthcare sector, focusing on stocks such as Catabasis Pharmaceuticals, Alexion Pharmaceuticals, and Vertex Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sarepta Therapeutics with a $199.42 average price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $158.81 and a one-year low of $72.06. Currently, Sarepta Therapeutics has an average volume of 863K.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SRPT in relation to earlier this year. Most recently, in March 2020, Hans Lennart Rudolf Wigzell, a Director at SRPT sold 5,000 shares for a total of $584,450.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Sarepta Therapeutics, Inc. is a commercial-stage biopharmaceutical company, which is engaged in the discovery and development of therapeutics for the treatment of rare diseases. The company was founded on July 22, 1980 and is headquartered in Cambridge, MA.