Key Points
- Visionwave Holdings disclosed SEC filings showing it bought roughly 1.75 billion shares of SaverOne 2014 (SVRE) in multiple trades between March and April at about $3.00 per share, for a total outlay of approximately $5.12 billion.
- SaverOne reported a steep quarterly loss (EPS -$51.79 vs. -$45.99 estimate) and only $0.05M in revenue, its stock trades near the 50-day average (~$3.03), and analysts' consensus is a "Reduce"/"Sell" rating.
SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE - Get Free Report) Director Visionwave Holdings, Inc. bought 49,420,800 shares of the company's stock in a transaction that occurred on Monday, March 30th. The stock was purchased at an average cost of $3.00 per share, for a total transaction of $148,262,400.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Visionwave Holdings, Inc. also recently made the following trade(s):
- On Thursday, April 2nd, Visionwave Holdings, Inc. bought 994,593,600 shares of SaverOne 2014 stock. The stock was purchased at an average cost of $2.98 per share, for a total transaction of $2,963,888,928.00.
- On Monday, March 30th, Visionwave Holdings, Inc. bought 26,265,600 shares of SaverOne 2014 stock. The stock was purchased at an average cost of $3.00 per share, for a total transaction of $78,796,800.00.
- On Friday, March 27th, Visionwave Holdings, Inc. bought 81,734,400 shares of SaverOne 2014 stock. The stock was purchased at an average cost of $3.00 per share, for a total transaction of $245,203,200.00.
- On Wednesday, March 25th, Visionwave Holdings, Inc. purchased 31,838,400 shares of SaverOne 2014 stock. The stock was bought at an average price of $3.00 per share, with a total value of $95,515,200.00.
- On Monday, March 23rd, Visionwave Holdings, Inc. purchased 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. purchased 260,884,800 shares of SaverOne 2014 stock. The stock was bought at an average price of $2.64 per share, with a total value of $688,735,872.00.
- On Thursday, March 12th, Visionwave Holdings, Inc. purchased 86,875,200 shares of SaverOne 2014 stock. The stock was bought at an average price of $2.65 per share, with a total value of $230,219,280.00.
SaverOne 2014 Stock Down 1.7%
SVRE stock opened at $3.47 on Thursday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.88 and a current ratio of 2.34. The business has a 50 day moving average price of $3.03 and a two-hundred day moving average price of $11.59. SaverOne 2014 Ltd. Sponsored ADR has a twelve month low of $2.20 and a twelve month high of $91.44.
SaverOne 2014 (NASDAQ:SVRE - Get Free Report) last released its quarterly earnings data on Monday, March 30th. The company reported ($51.79) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($45.99) by ($5.80). The firm had revenue of $0.05 million during the quarter, compared to the consensus estimate of $1.84 million. On average, sell-side analysts predict that SaverOne 2014 Ltd. Sponsored ADR will post -4.47 EPS for the current year.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a "sell (e)" rating on shares of SaverOne 2014 in a research report on Monday, December 29th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Reduce".
View Our Latest Stock Report on SVRE
SaverOne 2014 Company Profile
(
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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