Tricida Inc. (TCDA): See its top holders?

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Tricida Inc. (NASDAQ:TCDA) changes shares on Friday trading session, with a change of -0.44% or -$0.12 shares. The trading starts at $27.39 and closed at $27.22 throughout the day. The trading session low price was $26.13 and day high was $27.78 on Friday, June 19. After the session, the Healthcare sector daily volume shifted to 0.67 million while its average volume is 324.51K. In other hand, the TCDA market cap reached to $1.36B. While, its current target price is $27.10 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 6.13% and up 1.92% for month. Its quarterly performance was 34.29% above, while its half year performance is down -30.46%. TCDA yearly performance stood at negative -22.39% and fall -28.19% for year-to-date. Current recommendation for Tricida Inc. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. TCDA EPS (TTM) for 12-month is -4.30. EPS for this year is -53.40%, while for the next year its value is -3.74. Its EPS Q/Q reached -65.90%.

Let’s take a look on the analyst recommendations on TCDA for the current month and previous month. For the current month, 3 of 3 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $50.00-$52.00. Average target price for TCDA was reached at $50.67.

Orbimed Advisors LLC., Wellington Management Company, LLP and Price (T.Rowe) Associates Inc are the top three holders in Tricida Inc. (TCDA) stock. On Mar 30, 2020, Orbimed Advisors LLC. has 9.61 million shares which valued 211.51 million. On Mar 30, 2020, Wellington Management Company, LLP owned 3.75 million shares which valued at 82.54 million. On Mar 30, 2020, Price (T.Rowe) Associates Inc has a total of 3.49 million shares which valued at 76.79 million. In the end, Price (T.Rowe) Associates Inc have 6.99% shares outstanding of Tricida Inc. (TCDA) on Mar 30, 2020. The insider ownership moved to 2.20% and institutional holding shifted to 93.50%.

The company posted an EPS (TTM) of -4.30. According to the most recent quarter report on (Jun 2020), 4 analysts estimated an average EPS of -1.46, while -0.75 EPS posted a year ago period. Analyst Estimated EPS for TCDA published in the report was -1.49–1.41 during the same period. Comparing with last year, the average estimated EPS was -0.75 which is higher than -1.49 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for TCDA fall -16.75% for period of 200 days. SMA for 50 days was -2.44% which is showing red signal, while SMA-20 was 1.79%. The moving average value for Tricida Inc. (TCDA) is 31.21 and 27.73 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in TCDA stock. On Jun 15, KLAERNER GERRIT, President and CEO, sold 4,000 trading shares at the cost of $25.97, which valued at 0.1 million. On Jun 01, KLAERNER GERRIT, President and CEO, sold 4,000 shares at the cost of $26.23, with total shares of 551,321. On May 15, KLAERNER GERRIT, President and CEO, sold 4,000 shares at the cost of 31.56. After this transaction, KLAERNER GERRIT total shares reached to 33,323 which valued at 0.13 million.