Insider Sale: General Counsel of Shattuck Labs, Inc. (NASDAQ: STTK) Sells 5,000 Shares

Shattuck Labs, Inc. (NASDAQ: STTK) general counsel Erin Ator Thomson sold 5,000 shares of the company in a transaction that took place on Wednesday, April 28. The stock was sold for an average price of $ 35.00, for a total value of $ 175,000.00. Following the closing of the sale, the General Counsel now owns 95,259 shares of the company, valued at approximately $ 3,334,065. The transaction was disclosed in a filing with the SEC, available through the SEC website.

Erin Ator Thomson also recently completed the following trade (s):

  • On Thursday, April 15, Erin Ator Thomson sold 7,000 shares of Shattuck Labs. The stock was sold for an average price of $ 30.77, for a total value of $ 215,390.00.

NASDAQ STTK open at $ 37.68 on Mondays. The company’s 50-day simple moving average is $ 31.77 and its 200-day simple moving average is $ 36.86. Shattuck Labs, Inc. has a 12 month low of $ 17.51 ​​and a 12 month high of $ 60.52.

Shattuck Labs (NASDAQ: STTK) last released its results on Sunday, March 14. The company reported earnings per share ($ 0.31) for the quarter, beating the Zacks consensus estimate of ($ 0.39) by $ 0.08. The company reported sales of $ 1.34 million in the quarter. As a group, research analysts predict that Shattuck Labs, Inc. will post earnings per share of -1.82 for the current fiscal year.

A number of institutional investors have recently changed their holdings in the company. Pacer Advisors Inc. purchased a new stake in Shattuck Labs during the first quarter valued at approximately $ 25,000. Citigroup Inc. purchased a new equity stake in Shattuck Labs during the fourth quarter valued at approximately $ 130,000. Strs Ohio purchased a new equity stake in Shattuck Labs during the fourth quarter valued at approximately $ 167,000. Alliancebernstein LP purchased a new equity stake in Shattuck Labs during the fourth quarter valued at approximately $ 204,000. Finally, Credit Suisse AG purchased a new stake in shares of Shattuck Labs during the fourth quarter valued at approximately $ 209,000.

A number of equity analysts have commented on the company. Citigroup raised its price target on Shattuck Labs from $ 36.00 to $ 75.00 in a research note on Wednesday, January 20. Berenberg Bank launched a cover on Shattuck Labs shares in a report on Tuesday, April 20. They issued a “buy” note and a price target of $ 47.00 for the company. Zacks investment research to cut Shattuck Labs shares from a “hold” note to a “sell” note in a Saturday, March 20 report. Finally, Evercore ISI assumed coverage of Shattuck Labs shares in a research report on Monday, January 11. They set an “outperformance” rating for the company. One analyst rated the stock with a sell rating and six gave the company’s stock a buy rating. The company currently has a “Buy” consensus rating and an average price target of $ 45.60.

Shattuck Labs Company Profile

Shattuck Labs, Inc., a clinical-stage biotechnology company, develops therapeutics for the treatment of cancer and autoimmune diseases in the United States. The Company’s lead product candidate is SL-172154, which is in a Phase 1 clinical trial for the treatment of ovarian, fallopian tube and peritoneal cancers.

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