Amicus Therapeutics, Inc. (NASDAQ:FOLD – Get Rating) CEO John F. Crowley sold 11,346 shares of the firm’s stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $8.00, for a total value of $90,768.00. Following the transaction, the chief executive officer now owns 932,807 shares in the company, valued at $7,462,456. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of Amicus Therapeutics stock traded up $0.55 during trading on Tuesday, reaching $8.43. The company’s stock had a trading volume of 2,263,778 shares, compared to its average volume of 3,455,408. The company has a quick ratio of 3.81, a current ratio of 4.00 and a debt-to-equity ratio of 1.63. The company has a market cap of $2.36 billion, a price-to-earnings ratio of -8.69 and a beta of 1.41. Amicus Therapeutics, Inc. has a 1-year low of $5.91 and a 1-year high of $12.63. The company has a 50-day simple moving average of $7.87 and a two-hundred day simple moving average of $9.23.

Amicus Therapeutics (NASDAQ:FOLD – Get Rating) last posted its quarterly earnings data on Monday, May 9th. The biopharmaceutical company reported ($0.30) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.06). The business had revenue of $78.72 million during the quarter, compared to analyst estimates of $76.97 million. Amicus Therapeutics had a negative return on equity of 95.05% and a negative net margin of 84.97%. During the same period in the previous year, the business earned ($0.25) EPS. As a group, analysts anticipate that Amicus Therapeutics, Inc. will post -0.89 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of FOLD. First Trust Advisors LP acquired a new stake in Amicus Therapeutics during the 1st quarter worth about $635,000. Millennium Management LLC acquired a new stake in Amicus Therapeutics during the 2nd quarter worth about $451,000. First Republic Investment Management Inc. lifted its position in Amicus Therapeutics by 69.4% during the 3rd quarter. First Republic Investment Management Inc. now owns 24,578 shares of the biopharmaceutical company’s stock worth $235,000 after acquiring an additional 10,067 shares during the period. GSA Capital Partners LLP acquired a new stake in Amicus Therapeutics during the 3rd quarter worth about $1,077,000. Finally, Dark Forest Capital Management LP lifted its position in Amicus Therapeutics by 1,967.5% during the 3rd quarter. Dark Forest Capital Management LP now owns 4,838 shares of the biopharmaceutical company’s stock worth $46,000 after acquiring an additional 4,604 shares during the period.

FOLD has been the topic of several research reports. StockNews.com initiated coverage on Amicus Therapeutics in a report on Thursday, March 31st. They set a “hold” rating on the stock. SVB Leerink dropped their target price on Amicus Therapeutics from $16.00 to $14.00 and set an “outperform” rating on the stock in a research report on Thursday, February 24th. Finally, The Goldman Sachs Group initiated coverage on Amicus Therapeutics in a research report on Wednesday, April 13th. They set a “neutral” rating on the stock. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $15.00.

Amicus Therapeutics Company Profile (Get Rating)

Amicus Therapeutics, Inc, a biotechnology company, focuses on discovering, developing, and delivering medicines for rare diseases. Its commercial product and product candidates include Galafold, an oral precision medicine for the treatment of adults with a confirmed diagnosis of Fabry disease and an amenable galactosidase alpha gene variant based on in vitro assay data.

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