ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD – Get Free Report) CFO Mark C. Schneyer sold 773 shares of the company’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $19.96, for a total transaction of $15,429.08. Following the completion of the transaction, the chief financial officer now directly owns 53,882 shares in the company, valued at approximately $1,075,484.72. The trade was a 1.41 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
ACADIA Pharmaceuticals Stock Down 2.4 %
Shares of ACAD opened at $19.01 on Wednesday. The company has a market capitalization of $3.16 billion, a P/E ratio of 24.37 and a beta of 0.37. The firm has a 50 day moving average of $18.28 and a 200 day moving average of $16.78. ACADIA Pharmaceuticals Inc. has a twelve month low of $14.15 and a twelve month high of $26.56.
Institutional Investors Weigh In On ACADIA Pharmaceuticals
Several institutional investors and hedge funds have recently made changes to their positions in ACAD. Creative Planning grew its position in ACADIA Pharmaceuticals by 71.4% in the 3rd quarter. Creative Planning now owns 25,061 shares of the biopharmaceutical company’s stock worth $385,000 after purchasing an additional 10,441 shares during the period. Allspring Global Investments Holdings LLC grew its position in ACADIA Pharmaceuticals by 11.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 121,625 shares of the biopharmaceutical company’s stock worth $1,871,000 after purchasing an additional 12,787 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in ACADIA Pharmaceuticals by 21.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,999 shares of the biopharmaceutical company’s stock worth $94,000 after purchasing an additional 1,066 shares during the period. China Universal Asset Management Co. Ltd. grew its position in ACADIA Pharmaceuticals by 64.4% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 31,903 shares of the biopharmaceutical company’s stock worth $491,000 after purchasing an additional 12,493 shares during the period. Finally, US Bancorp DE grew its position in ACADIA Pharmaceuticals by 2,084.0% in the 3rd quarter. US Bancorp DE now owns 32,934 shares of the biopharmaceutical company’s stock worth $507,000 after purchasing an additional 31,426 shares during the period. Institutional investors own 96.71% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Report on ACAD
About ACADIA Pharmaceuticals
ACADIA Pharmaceuticals Inc, a biopharmaceutical company, focuses on the development and commercialization innovative medicines that address unmet medical needs in central nervous system (CNS) disorders and rare diseases in the United States. The company offers NUPLAZID (pimavanserin) for the treatment of hallucinations and delusions associated with Parkinson's disease psychosis; and DAYBUE, a novel synthetic analog of the amino-terminal tripeptide of insulin-like growth factor 1 for treatment of Rett Syndrome.
Featured Articles
- Five stocks we like better than ACADIA Pharmaceuticals
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Nebius Slides Post-Earnings: A Long-Term Buy Opportunity?
- Find and Profitably Trade Stocks at 52-Week Lows
- NVIDIA Stock: A Market Barometer in Tech’s Turbulent Times
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- Palantir Stock Nears Bear Market Territory – Why and What’s Next?
Receive News & Ratings for ACADIA Pharmaceuticals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ACADIA Pharmaceuticals and related companies with MarketBeat.com's FREE daily email newsletter.