Insights Into Incyte Corp. (INCY) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Incyte to Present at Upcoming Investor Conference.

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Stocks Info

Incyte Corp. is listed on the NASDAQ in the Healthcare sector while operating in the Biotechnology industry. At the end of the last regular session, the stock closed at $58.82 and fluctuated between $59.50 as its day high and $57.65 as its day low. The current market capitalization of Incyte Corp. is $13.21B. A total of 1.93 million shares were traded on the day, compared to an average of 1.86M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, INCY has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 36 BUYs and 12 SELLs from insiders. Insiders purchased 592,384 shares during that period but sold 122,380.

In the most recent transaction, Stein Steven H sold 7,365 shares of INCY for 65.51 per share on Jan 03. After the transaction, the EVP & Chief Medical Officer now owns 90,218 company shares. In a previous transaction on Jan 02, Iyengar Vijay K sold 657 shares at 65.00 per share. INCY shares that EVP, GMAPPS owns now total 43,412.

Among the insiders who sold shares, Tray Thomas disposed of 1,067 shares on Dec 13 at a per-share price of $62.37. This resulted in the Principal Accounting Officer holding 23,436 shares of INCY after the transaction. In another insider transaction, Tray Thomas sold 210 shares at $57.36 per share on Dec 12. Company shares held by the Principal Accounting Officer now total 24,503.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for INCY in the last 3 months, the mean price target is $75.79 with high estimates of $93.00 and low estimates of $58.00. In terms of 52-week highs and lows, INCY has a high of $79.58 and a low of $50.27.

As of this writing, INCY has an earnings estimate of $0.87 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $1.21 per share and a lower estimate of $0.6. The company reported an EPS of $1.1 in the last quarter, which was 7.80% higher than expectations of $1.02.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. INCY’s latest balance sheet shows that the firm has $2.35B in Cash & Short Term Investments as of fiscal 2021. There were $44.82M in debt and $854.31M in liabilities at the time. Its Book Value Per Share was $23.14, while its Total Shareholder’s Equity was $3.77B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for INCY is Buy with a score of 3.89.

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