Key Points
- Visionwave Holdings (a SaverOne director) bought multiple large blocks in March — including 26,265,600 shares on Mar 30 at $3.00 — and has accumulated a total of 709,560,000 shares of NASDAQ:SVRE across the disclosed trades, spending about $2.00 billion.
- SaverOne’s fundamentals remain weak: the company reported a ($51.79) EPS miss with only $0.05M revenue for the quarter (vs. $1.84M expected), and the stock carries a consensus analyst rating of “Reduce.”
SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE - Get Free Report) Director Visionwave Holdings, Inc. purchased 26,265,600 shares of the company's stock in a transaction that occurred on Monday, March 30th. The stock was bought at an average price of $3.00 per share, with a total value of $78,796,800.00. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.
Visionwave Holdings, Inc. also recently made the following trade(s):
- On Friday, March 27th, Visionwave Holdings, Inc. acquired 81,734,400 shares of SaverOne 2014 stock. The shares were bought at an average price of $3.00 per share, for a total transaction of $245,203,200.00.
- On Wednesday, March 25th, Visionwave Holdings, Inc. acquired 31,838,400 shares of SaverOne 2014 stock. The stock was bought at an average cost of $3.00 per share, with a total value of $95,515,200.00.
- On Monday, March 23rd, Visionwave Holdings, Inc. bought 221,961,600 shares of SaverOne 2014 stock. The stock was bought at an average price of $3.00 per share, with a total value of $665,884,800.00.
- On Wednesday, March 11th, Visionwave Holdings, Inc. bought 260,884,800 shares of SaverOne 2014 stock. The shares were bought at an average cost of $2.64 per share, for a total transaction of $688,735,872.00.
- On Thursday, March 12th, Visionwave Holdings, Inc. bought 86,875,200 shares of SaverOne 2014 stock. The shares were bought at an average cost of $2.65 per share, for a total transaction of $230,219,280.00.
SaverOne 2014 Stock Performance
NASDAQ:SVRE opened at $3.52 on Friday. The stock's fifty day moving average is $3.16 and its 200 day moving average is $13.45. SaverOne 2014 Ltd. Sponsored ADR has a fifty-two week low of $2.20 and a fifty-two week high of $143.28.
SaverOne 2014 (NASDAQ:SVRE - Get Free Report) last posted its quarterly earnings data on Monday, March 30th. The company reported ($51.79) EPS for the quarter, missing the consensus estimate of ($45.99) by ($5.80). The business had revenue of $0.05 million for the quarter, compared to the consensus estimate of $1.84 million. As a group, equities analysts predict that SaverOne 2014 Ltd. Sponsored ADR will post -4.47 earnings per share for the current year.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a "sell (e)" rating on shares of SaverOne 2014 in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Reduce".
View Our Latest Report on SVRE
About SaverOne 2014
(
Get Free Report)
SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users. The company was incorporated in 2014 and is headquartered in Petah Tikva, Israel.
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