Antares Pharma Inc (ATRS) Director Thomas J. Garrity Sells 30,000 Shares

Antares Pharma Inc (NASDAQ:ATRS) Director Thomas J. Garrity sold 30,000 shares of Antares Pharma stock in a transaction that occurred on Friday, March 31st. The shares were sold at an average price of $2.91, for a total transaction of $87,300.00. Following the completion of the sale, the director now owns 190,213 shares of the company’s stock, valued at $553,519.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Antares Pharma Inc (NASDAQ:ATRS) traded up 0.74% on Thursday, reaching $2.74. 284,008 shares of the company’s stock traded hands. Antares Pharma Inc has a one year low of $0.79 and a one year high of $3.10. The company’s 50-day moving average price is $2.72 and its 200 day moving average price is $2.21. The firm’s market cap is $425.36 million.

Antares Pharma (NASDAQ:ATRS) last announced its earnings results on Tuesday, March 14th. The specialty pharmaceutical company reported ($0.03) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.01. Antares Pharma had a negative net margin of 53.11% and a negative return on equity of 45.93%. The business had revenue of $14.20 million for the quarter, compared to the consensus estimate of $12.77 million. On average, equities analysts forecast that Antares Pharma Inc will post ($0.11) EPS for the current fiscal year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Perceptive Advisors LLC bought a new position in Antares Pharma during the fourth quarter valued at approximately $6,797,000. JW Asset Management LLC increased its position in Antares Pharma by 30.0% in the fourth quarter. JW Asset Management LLC now owns 1,092,830 shares of the specialty pharmaceutical company’s stock valued at $2,547,000 after buying an additional 252,205 shares in the last quarter. Kingdon Capital Management L.L.C. increased its position in Antares Pharma by 24.0% in the fourth quarter. Kingdon Capital Management L.L.C. now owns 2,016,830 shares of the specialty pharmaceutical company’s stock valued at $4,699,000 after buying an additional 390,092 shares in the last quarter. Renaissance Technologies LLC increased its position in Antares Pharma by 6.9% in the fourth quarter. Renaissance Technologies LLC now owns 2,859,341 shares of the specialty pharmaceutical company’s stock valued at $6,662,000 after buying an additional 185,000 shares in the last quarter. Finally, Oxford Asset Management bought a new position in Antares Pharma during the fourth quarter valued at approximately $367,000. 33.60% of the stock is currently owned by institutional investors.

Antares Pharma Company Profile

Antares Pharma, Inc (Antares) is a specialty pharmaceutical company that focuses on developing and commercializing self-administered parenteral pharmaceutical products and technologies. The Company develops, manufactures and commercializes therapeutic products using its drug delivery systems. Its subcutaneous injection technology platforms include VIBEX disposable pressure-assisted auto injector system suitable for branded and generic injectable drugs in unit dose containers, reusable needle-free spring-action injector devices, and disposable multi-use pen injectors for use with cartridges.

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