Bristol-Myers Squibb Company (NYSE:BMY) EVP Sandra Leung sold 156,582 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $63.37, for a total value of $9,922,601.34. Following the sale, the executive vice president now owns 584,373 shares in the company, valued at approximately $37,031,717.01. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Bristol-Myers Squibb Company (BMY) traded down $0.45 on Tuesday, reaching $62.02. The company’s stock had a trading volume of 4,828,715 shares, compared to its average volume of 8,452,799. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.46 and a current ratio of 1.59. Bristol-Myers Squibb Company has a 12-month low of $46.01 and a 12-month high of $66.10. The company has a market capitalization of $102,310.00, a PE ratio of 21.36, a P/E/G ratio of 2.40 and a beta of 1.17.
Bristol-Myers Squibb (NYSE:BMY) last issued its earnings results on Thursday, October 26th. The biopharmaceutical company reported $0.75 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.77 by ($0.02). Bristol-Myers Squibb had a return on equity of 32.41% and a net margin of 20.56%. The company had revenue of $5.25 billion for the quarter, compared to the consensus estimate of $5.20 billion. During the same quarter last year, the business posted $0.77 EPS. Bristol-Myers Squibb’s quarterly revenue was up 6.7% on a year-over-year basis. equities analysts expect that Bristol-Myers Squibb Company will post 2.99 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently modified their holdings of BMY. Massey Quick Simon & CO. LLC raised its position in shares of Bristol-Myers Squibb by 523.5% during the third quarter. Massey Quick Simon & CO. LLC now owns 1,777 shares of the biopharmaceutical company’s stock worth $113,000 after purchasing an additional 1,492 shares during the period. Horan Capital Advisors LLC. acquired a new stake in shares of Bristol-Myers Squibb during the third quarter worth about $122,000. Tradewinds Capital Management LLC raised its position in shares of Bristol-Myers Squibb by 34.6% during the second quarter. Tradewinds Capital Management LLC now owns 1,945 shares of the biopharmaceutical company’s stock worth $108,000 after purchasing an additional 500 shares during the period. Atlantic Trust LLC acquired a new stake in shares of Bristol-Myers Squibb during the second quarter worth about $111,000. Finally, AllSquare Wealth Management LLC acquired a new stake in shares of Bristol-Myers Squibb during the third quarter worth about $134,000. Hedge funds and other institutional investors own 69.82% of the company’s stock.
About Bristol-Myers Squibb
Bristol-Myers Squibb Company is engaged in the discovery, development, licensing, manufacturing, marketing, distribution and sale of biopharmaceutical products. The Company’s pharmaceutical products include chemically synthesized drugs, or small molecules, and products produced from biological processes called biologics.
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