In the last trading session, 1.04 million shares of the Invivyd Inc (NASDAQ:IVVD) were traded, and its beta was 0.51. Most recently the company’s share price was $0.55, and it changed around $0.05 or 8.71% from the last close, which brings the market valuation of the company to $65.86M. IVVD currently trades at a discount to its 52-week high of $3.14, offering almost -470.91% off that amount. The share price’s 52-week low was $0.35, which indicates that the current value has risen by an impressive 36.36% since then. We note from Invivyd Inc’s average daily trading volume that its 10-day average is 1.52 million shares, with the 3-month average coming to 15.05 million.
Invivyd Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended IVVD as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Invivyd Inc (NASDAQ:IVVD) trade information
Instantly IVVD has showed a green trend with a performance of 8.71% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.5800 on recent trading dayincreased the stock’s daily price by 5.17%. The company’s shares are currently up 23.90% year-to-date, but still up 5.58% over the last five days. On the other hand, Invivyd Inc (NASDAQ:IVVD) is -32.40% down in the 30-day period. We can see from the shorts that 8.26 million shares have been sold at a short interest cover period of 3.09 day(s).
The consensus price target as assigned by Wall Street analysts is $9.5, which translates to bulls needing to increase their stock price by 94.21% from its current value. Analyst projections state that IVVD is forecast to be at a low of $9 and a high of $10.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -24.99%.
IVVD Dividends
Invivyd Inc’s next quarterly earnings report is expected to be released on 2025-Mar-19.
Invivyd Inc (NASDAQ:IVVD)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 18.09% of Invivyd Inc shares, and 71.25% of them are in the hands of institutional investors. The stock currently has a share float of 86.98%. Invivyd Inc stock is held by 105.0 institutions, with MAVERICK CAPITAL LTD being the largest institutional investor. By 2024-06-30, it held 10.1764% of the shares, which is about 11.77 million shares worth $12.94 million.
DEEP TRACK CAPITAL, LP, with 9.4742% or 10.95 million shares worth $12.05 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 2.95 shares worth $1.62 million, making up 2.46% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 1.89 shares worth around $1.04 million, which represents about 1.58% of the total shares outstanding.
