OPKO Health (OPK) Director Purchases $45,150.00 in Stock

OPKO Health (NASDAQ:OPK) Director Robert Scott Fishel bought 15,000 shares of the firm’s stock in a transaction dated Monday, April 16th. The shares were acquired at an average price of $3.01 per share, for a total transaction of $45,150.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Robert Scott Fishel also recently made the following trade(s):

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  • On Friday, April 13th, Robert Scott Fishel bought 10,000 shares of OPKO Health stock. The shares were acquired at an average price of $3.02 per share, for a total transaction of $30,200.00.

Shares of OPK opened at $3.02 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 0.98 and a debt-to-equity ratio of 0.02. OPKO Health has a 1 year low of $2.66 and a 1 year high of $7.90. The stock has a market cap of $1,672.83, a price-to-earnings ratio of -10.41 and a beta of 1.56.

OPKO Health (NASDAQ:OPK) last issued its earnings results on Thursday, March 1st. The biotechnology company reported ($0.12) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.04). OPKO Health had a negative return on equity of 7.87% and a negative net margin of 28.93%. The company had revenue of $193.70 million for the quarter, compared to the consensus estimate of $307.44 million. equities analysts predict that OPKO Health will post -0.48 earnings per share for the current year.

Institutional investors and hedge funds have recently modified their holdings of the business. RK Asset Management LLC boosted its holdings in OPKO Health by 8.4% during the fourth quarter. RK Asset Management LLC now owns 932,752 shares of the biotechnology company’s stock worth $4,570,000 after buying an additional 72,209 shares during the last quarter. X Square Capital LLC bought a new position in OPKO Health during the fourth quarter worth about $2,363,000. Delek Group Ltd. bought a new position in OPKO Health during the fourth quarter worth about $382,000. Boulegeris Investments Inc. boosted its holdings in OPKO Health by 19.3% during the fourth quarter. Boulegeris Investments Inc. now owns 228,780 shares of the biotechnology company’s stock worth $1,121,000 after buying an additional 36,950 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its holdings in OPKO Health by 43.0% during the third quarter. Schwab Charles Investment Management Inc. now owns 1,566,433 shares of the biotechnology company’s stock worth $10,746,000 after buying an additional 471,256 shares during the last quarter. Hedge funds and other institutional investors own 23.38% of the company’s stock.

Several equities analysts recently issued reports on the company. Zacks Investment Research cut OPKO Health from a “hold” rating to a “sell” rating in a report on Wednesday, March 7th. ValuEngine cut OPKO Health from a “sell” rating to a “strong sell” rating in a report on Thursday, March 1st. JPMorgan Chase cut OPKO Health from a “neutral” rating to an “underweight” rating and set a $7.00 price target on the stock. in a report on Friday, March 2nd. BidaskClub cut OPKO Health from a “sell” rating to a “strong sell” rating in a report on Wednesday, January 10th. Finally, Cantor Fitzgerald set a $20.00 price target on OPKO Health and gave the company a “buy” rating in a report on Thursday, March 1st. Four research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. OPKO Health presently has an average rating of “Hold” and a consensus target price of $11.29.

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About OPKO Health

OPKO Health, Inc, a healthcare company, engages in the diagnostics and pharmaceuticals business in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally. The company's Diagnostics segment operates Bio-Reference Laboratories, a clinical laboratory that offers laboratory testing services in the detection, diagnosis, evaluation, monitoring, and treatment of diseases.

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