During the last session, Invivyd Inc (NASDAQ:IVVD)’s traded shares were 0.5 million, with the beta value of the company hitting 0.57. The company’s market capitalization is $83.90M, and the average intraday trading volume over the past 10 days was 0.78 million shares, and the average trade volume was 533.91K shares over the past three months.
Invivyd Inc (IVVD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.40. IVVD has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.21.
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Invivyd Inc (NASDAQ:IVVD) trade information
Invivyd Inc (IVVD) registered a 0.23% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.23% in intraday trading to $0.70, hitting a weekly high. The stock’s 5-day price performance is -7.11%, and it has moved by -29.06% in 30 days. Based on these gigs, the overall price performance for the year is -53.24%. The short interest in Invivyd Inc (NASDAQ:IVVD) is 8.27 million shares and it means that shorts have 23.71 day(s) to cover.
The consensus price target of analysts on Wall Street is $9.5, which implies an increase of 92.63% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $10 respectively. As a result, IVVD is trading at a discount of -1328.57% off the target high and -1185.71% off the low.
Invivyd Inc (IVVD) estimates and forecasts
Statistics show that Invivyd Inc has underperformed its competitors in share price, compared to the industry in which it operates. Invivyd Inc (IVVD) shares have gone down -63.66% during the last six months, with a year-to-date growth rate less than the industry average at 9.39% against 17.90.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 13.87M as predicted by 3 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 22M by the end of current fiscal year.
While earnings are projected to return 20.55% in 2024.
IVVD Dividends
Invivyd Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Invivyd Inc (NASDAQ:IVVD)’s Major holders
Invivyd Inc insiders own 18.17% of total outstanding shares while institutional holders control 79.25%, with the float percentage being 96.84%. MAVERICK CAPITAL LTD is the largest shareholder of the company, while 107.0 institutions own stock in it. As of 2024-06-30, the company held over 11.77 million shares (or 10.1764% of all shares), a total value of $12.94 million in shares.
The next largest institutional holding, with 10.95 million shares, is of DEEP TRACK CAPITAL, LP’s that is approximately 9.4742% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $12.05 million.
Also, the Mutual Funds coming in first place with the largest holdings of Invivyd Inc (IVVD) shares are Vanguard Total Stock Market Index Fund and Fidelity Growth Company Fund . Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 2.99 shares. This amounts to just over 2.50 percent of the company’s overall shares, with a $2.09 million market value. The same data shows that the other fund manager holds slightly less at 2.19, or about 1.83% of the stock, which is worth about $1.54 million.