Ardelyx, Inc. (ARDX) Receives Average Rating of "Buy" from Analysts

NY now owns 22,824 shares of the biopharmaceutical company's stock worth $324,000 after buying an additional 2,382 shares in the last quarter.

Several other hedge funds have also bought and sold shares of ARDX. The firm has "Buy" rating by BTIG Research given on Friday, December 18. Finally, Vanguard Group Inc. increased its stake in Ardelyx by 4.0% in the first quarter. The company has a 50-day moving average price of $7.47 and a 200-day moving average price of $11.88. Citigroup Inc. reaffirmed a "buy" rating and issued a $12.00 target price (down previously from $17.00) on shares of Ardelyx in a research report on Monday, May 15th. Zacks Investment Research upgraded shares of Ardelyx from a "sell" rating to a "hold" rating in a report on Thursday, May 11th. Ardelyx, Inc. has a 52 week low of $4.05 and a 52 week high of $16.30.

COPYRIGHT VIOLATION NOTICE: This piece of content was first published by Community Financial News and is the property of of Community Financial News. Finally, Axiom International Investors LLC DE acquired a new position in Ardelyx during the fourth quarter valued at about $989,000. Alliancebernstein L.P. boosted its position in Ardelyx by 7.9% in the first quarter. Acuta Capital Partners LLC raised its stake in shares of Ardelyx by 3.1% in the fourth quarter. Bank of America Corp DE now owns 10,612 shares of the biopharmaceutical company's stock valued at $134,000 after buying an additional 3,659 shares during the period. BTIG Research decreased their target price on Ardelyx from $18.00 to $12.00 and set a "buy" rating on the stock in a research report on Tuesday, May 23rd. The biopharmaceutical company reported ($0.59) EPS for the quarter, topping the Zacks' consensus estimate of ($0.65) by $0.06. Cantor Fitzgerald reaffirmed a "buy" rating and set a $12.00 price objective on shares of Ardelyx in a research note on Wednesday, May 31st. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of global trademark and copyright laws. American International Group Inc. boosted its stake in shares of Ardelyx by 43.8% in the first quarter. Analysts predict that Ardelyx, Inc. will post ($2.46) earnings per share for the current year. Sphera Funds Management LTD. now owns 345,000 shares of the biopharmaceutical company's stock valued at $4,364,000 after buying an additional 193,187 shares during the period. Alliancebernstein L.P. now owns 13,700 shares of the biopharmaceutical company's stock worth $173,000 after buying an additional 1,000 shares during the period. The stock's market cap is $203.76 million.

Ardelyx (NASDAQ:ARDX) last announced its quarterly earnings data on Friday, May 5th. The original version of this piece can be accessed at https://www.thecerbatgem.com/2017/06/16/sphera-funds-management-ltd-buys-193187-shares-of-ardelyx-inc-ardx-updated-updated.html. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the company.

Several research firms have recently issued reports on ARDX. The Company's therapeutics focuses on addressing cardiorenal and gastrointestinal (GI) diseases. Ardelyx now has a consensus rating of "Buy" and a consensus target price of $14.13. It operates through the research, development and commercialization of biopharmaceutical products segment.

Notícias recomendadas

  • Meet The DOJ Official Who Could Take Over The Trump Investigation

    Meet The DOJ Official Who Could Take Over The Trump Investigation

    Diana Feinstein, D-San Francisco, to respond with her own tweets saying Trump appears to think he's above the law. Cohen has received a subpoena from one of the congressional committees looking into the Russian Federation issue.
    OH  man suspected of killing 5, including his alleged ex's parents

    OH man suspected of killing 5, including his alleged ex's parents

    The suspect in a triple homicide in northern OH is actually believed to have killed a total of five people in a 24-hour period. Brinkman will face three aggravated murder charges, three kidnapping charges and a charge alleging he tampered with evidence .
    Iran's Revolutionary Guard Strikes Syria For Tehran Attacks

    Iran's Revolutionary Guard Strikes Syria For Tehran Attacks

    Media reports said this marked the first time Iran had fired missiles as an act of war since the end of the Iran-Iraq war in 1988. The missiles have reportedly killed large numbers of terrorists and inflicted significant material damage, Tasnim said.
  • "L'Élysée a dit que le meilleur gagne" — Pierre-Yves Bournazel

    Avec 11 points d'avance, il est favori face à Myriam El Khomri , étiquetée PS (20,2 %). Cela faisait plus de 30 ans que cette circonscription n'avait pas échappé à la gauche.
    Mark Wahlberg Confirms 'Last Knight' is His Last 'Transformers' Movie

    Mark Wahlberg Confirms 'Last Knight' is His Last 'Transformers' Movie

    The video also gives us glimpses of Bay giving instructions to the crew members and supporting actors while directing in IMAX 3D. Look, with Mission: "Impossible , I understand you need very choreographed stunts, but I like dirty, sloppy stunts".
    Waqar lashes out at England skipper Morgan for pitch complaint

    Waqar lashes out at England skipper Morgan for pitch complaint

    It was also a period when the Pakistan spinners were in operation and runs were not coming at the pace as expected by England . It means the final will be an all South Asian affairs, with India and Bangladesh playing out the second semifinal on Thursday.
  • Smarter Siri and More Updates Arriving with iOS 11

    Smarter Siri and More Updates Arriving with iOS 11

    Siri will get a "more human voice" in iOS 11, and Maps will have new cities, better navigation, speed limits, and lane guidance. At its Worldwide Developers Conference (WWDC) keynote on Monday, Apple announced its latest mobile operating system, iOS 11.
    Fakhar, Amir create history

    Fakhar, Amir create history

    As the final wicket fell, Oval, immersed in a'Sea of Green', was euphoric in its celebration along with those eleven on the field. With no assistance from the pitch, their limitations were thoroughly exposed against batsmen, who were ready to use their feet.
    Portugal sees Ronaldo fully focused on Confederations Cup

    Portugal sees Ronaldo fully focused on Confederations Cup

    The match should prove to be one of the best this weekend and one of the best in the group stage of the Confederations Cup. New Zealand's Michael Boxall got a touch on the ball and was credited with an own goal.
  • Trump lashes out at 'bad,' 'conflicted' Russia investigators

    Trump lashes out at 'bad,' 'conflicted' Russia investigators

    The Twitter attacks came as Vice President Mike Pence hired a personal lawyer to represent him in the intensifying investigation. Trump later contradicted his own staff, saying on May 11 he had the Russian Federation issue in mind when he fired Comey.
    Trump appears to confirm he's under investigation

    Trump appears to confirm he's under investigation

    Yet Trump seemed to dispute that narrative weeks ago when he told NBC's Lester Holt he had Russian Federation on has mind. In an address to the country, Trump struck a notably less partisan tone in response to his first major domestic crisis.
    Stage racing expected to spice up NASCAR action at Michigan International Speedway

    Stage racing expected to spice up NASCAR action at Michigan International Speedway

    Matt Kenseth and Kyle Larson round out the Top 5 as both have a win here in the last two years and each has two Top 5's. The No. 2 Blue Deuce driver claims five top fives, 10 top 10s and a 12.3 average finish at the Brooklyn, Mich ., track.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.