Key Points
- CEO Roger Jeffs sold 66,610 shares on Jan. 12 at an average price of $37.43 for about $2.49M, leaving him with 1,037,528 shares (a ~6.03% reduction in his position).
- Multiple other senior insiders (including the CFO, general counsel and CAO) also sold shares at the same price, signaling broad insider selling rather than an isolated transaction.
- Liquidia reported a quarterly revenue beat ($54.34M vs. $18.86M consensus, up 1,106.7% year-over-year) and slight EPS beat, but remains unprofitable; analysts have a consensus rating of "Moderate Buy" with a target of about $39.67.
Liquidia Corporation (NASDAQ:LQDA - Get Free Report) CAO Dana Boyle sold 11,047 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $37.43, for a total value of $413,489.21. Following the completion of the transaction, the chief accounting officer directly owned 156,700 shares in the company, valued at $5,865,281. This trade represents a 6.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Dana Boyle also recently made the following trade(s):
- On Monday, December 1st, Dana Boyle sold 303 shares of Liquidia stock. The shares were sold at an average price of $32.19, for a total transaction of $9,753.57.
- On Monday, October 27th, Dana Boyle sold 1,073 shares of Liquidia stock. The shares were sold at an average price of $22.93, for a total transaction of $24,603.89.
Liquidia Price Performance
Liquidia stock opened at $38.09 on Wednesday. Liquidia Corporation has a 52-week low of $11.26 and a 52-week high of $39.29. The firm has a fifty day moving average of $32.14 and a 200-day moving average of $25.58. The firm has a market capitalization of $3.31 billion, a P/E ratio of -26.45, a PEG ratio of 1.22 and a beta of 0.48. The company has a quick ratio of 1.96, a current ratio of 2.20 and a debt-to-equity ratio of 6.19.
Liquidia (NASDAQ:LQDA - Get Free Report) last posted its earnings results on Monday, November 3rd. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.45) by $0.41. Liquidia had a negative net margin of 176.04% and a negative return on equity of 296.78%. The business had revenue of $54.34 million for the quarter, compared to analyst estimates of $18.86 million. The business's revenue was up 1106.7% compared to the same quarter last year. As a group, analysts predict that Liquidia Corporation will post -1.51 EPS for the current year.
More Liquidia News
Here are the key news stories impacting Liquidia this week:
- Positive Sentiment: Short interest fell materially in December — short interest declined about 18.1% to ~10.71M shares as of Dec. 31 (about 17.6% of shares outstanding), lowering potential downward pressure from short sellers and reducing immediate squeeze risk.
- Neutral Sentiment: Reported short-interest data for Jan. 12 appears inconsistent (shows 0 shares / NaN change), which looks like a reporting glitch and should be treated as unreliable until corrected.
- Negative Sentiment: CEO Roger Jeffs sold 66,610 shares at an average of $37.43 for roughly $2.49M, reducing his direct stake by ~6.0%. SEC Filing - Roger Jeffs
- Negative Sentiment: CFO Michael Kaseta sold 36,932 shares at $37.43 for about $1.38M, a ~9.5% reduction in his holding. SEC Filing - Michael Kaseta
- Negative Sentiment: General Counsel Russell Schundler sold 27,289 shares at $37.43 for about $1.02M, a ~4.5% stake reduction. SEC Filing - Russell Schundler
- Negative Sentiment: Insider Rajeev Saggar sold 21,142 shares at $37.43 (~$791k), cutting his holdings by ~10.7%. SEC Filing - Rajeev Saggar
- Negative Sentiment: Scott Moomaw sold 20,533 shares at $37.43 (~$769k), an ~11.7% reduction in his stake. SEC Filing - Scott Moomaw
- Negative Sentiment: CAO Dana Boyle sold 11,047 shares at $37.43 (~$413k), a ~6.6% reduction. SEC Filing - Dana Boyle
- Negative Sentiment: Insider Jason Adair sold 13,548 shares at $37.43 (~$507k), and Sarah Krepp sold 13,165 shares (~$493k); both reduced holdings by mid-single-digit to high-single-digit percentages. SEC Filing - Jason Adair SEC Filing - Sarah Krepp
Wall Street Analysts Forecast Growth
LQDA has been the topic of several analyst reports. HC Wainwright raised their target price on Liquidia from $35.00 to $50.00 and gave the company a "buy" rating in a report on Tuesday, November 4th. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $47.00 price objective on shares of Liquidia in a research report on Tuesday, November 4th. Wall Street Zen raised shares of Liquidia from a "hold" rating to a "buy" rating in a research report on Saturday. Jefferies Financial Group upped their target price on shares of Liquidia from $45.00 to $55.00 and gave the company a "buy" rating in a research note on Tuesday. Finally, Wells Fargo & Company initiated coverage on shares of Liquidia in a research note on Monday, October 20th. They set an "overweight" rating and a $31.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $39.67.
Read Our Latest Stock Analysis on LQDA
Institutional Trading of Liquidia
Hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC acquired a new stake in Liquidia in the second quarter valued at $25,000. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Liquidia in the 3rd quarter worth about $30,000. FNY Investment Advisers LLC acquired a new stake in shares of Liquidia in the 3rd quarter valued at about $34,000. Steward Partners Investment Advisory LLC lifted its position in shares of Liquidia by 24.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 6,200 shares of the company's stock worth $77,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in Liquidia by 281.2% in the second quarter. Tower Research Capital LLC TRC now owns 6,679 shares of the company's stock worth $83,000 after purchasing an additional 4,927 shares in the last quarter. Institutional investors and hedge funds own 64.54% of the company's stock.
About Liquidia
(
Get Free Report)
Liquidia Technologies, Inc is a clinical-stage biopharmaceutical company headquartered in Research Triangle Park, North Carolina. The company leverages its proprietary PRINT® (Particle Replication In Non-wetting Templates) platform to engineer precisely shaped and sized drug particles, with the goal of improving delivery, efficacy and safety profiles. By controlling particle characteristics at the nanoscale, Liquidia seeks to enhance respiratory and other therapies that depend on targeted delivery.
The company's lead product candidate, LIQ861, is a dry powder formulation of treprostinil designed for inhalation in patients with pulmonary arterial hypertension (PAH).
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