KalVista Pharmaceuticals, Inc. (NASDAQ:KALV – Get Free Report) CEO Benjamin L. Palleiko sold 6,669 shares of the firm’s stock in a transaction on Friday, March 7th. The shares were sold at an average price of $11.97, for a total transaction of $79,827.93. Following the completion of the sale, the chief executive officer now owns 287,811 shares in the company, valued at $3,445,097.67. The trade was a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
KalVista Pharmaceuticals Stock Performance
Shares of KalVista Pharmaceuticals stock opened at $12.45 on Thursday. KalVista Pharmaceuticals, Inc. has a 1 year low of $7.30 and a 1 year high of $15.50. The company has a market capitalization of $615.25 million, a P/E ratio of -3.42 and a beta of 0.76. The company’s fifty day moving average is $9.53 and its two-hundred day moving average is $10.27.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of KALV. Aquatic Capital Management LLC acquired a new stake in shares of KalVista Pharmaceuticals in the 4th quarter worth $44,000. Tower Research Capital LLC TRC lifted its stake in shares of KalVista Pharmaceuticals by 666.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 6,327 shares of the specialty pharmaceutical company’s stock worth $54,000 after acquiring an additional 5,502 shares during the period. Legal & General Group Plc lifted its stake in shares of KalVista Pharmaceuticals by 22.5% in the 4th quarter. Legal & General Group Plc now owns 8,144 shares of the specialty pharmaceutical company’s stock worth $69,000 after acquiring an additional 1,494 shares during the period. Martin Worley Group acquired a new stake in shares of KalVista Pharmaceuticals in the 4th quarter worth $86,000. Finally, China Universal Asset Management Co. Ltd. lifted its stake in shares of KalVista Pharmaceuticals by 24.7% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 10,329 shares of the specialty pharmaceutical company’s stock worth $87,000 after acquiring an additional 2,043 shares during the period.
Analyst Upgrades and Downgrades
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About KalVista Pharmaceuticals
KalVista Pharmaceuticals, Inc, a clinical stage pharmaceutical company, engages in the discovery, development, and commercialization of drug therapies inhibitors for diseases with unmet needs. The company’s product candidate is Sebetralstat, a small molecule plasma kallikrein inhibitor targeting the disease of hereditary angioedema (HAE).
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