In recent trading session, Ardelyx Inc (NASDAQ:ARDX) saw 0.37 million shares changing hands at last check today with its beta currently measuring 0.59. Company’s recent per share price level of $3.62 trading at -$0.01 or -0.14% at last check today assigns it a market valuation of $867.30M. That most recent trading price of ARDX’s stock is at a discount of -122.65% from its 52-week high price of $8.06 and is indicating a premium of 11.33% from its 52-week low price of $3.21. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.44 million shares which gives us an average trading volume of 5.53 million if we extend that period to 3-months.
For Ardelyx Inc (ARDX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.25. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 7 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Ardelyx Inc (NASDAQ:ARDX) trade information
Upright in the red during last session for losing -0.14%, in the last five days ARDX remained trading in the green while hitting it’s week-highest on Tuesday, 06/24/25 when the stock touched $3.62 price level, adding 2.69% to its value on the day. Ardelyx Inc’s shares saw a change of -42.00% in year-to-date performance and have moved 0.42% in past 5-day. Ardelyx Inc (NASDAQ:ARDX) showed a performance of -8.69% in past 30-days. Number of shares sold short was 27.28 million shares which calculate 5.39 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11 to the stock, which implies a rise of 67.09% to its recent value today. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 14. It follows that stock’s current price would drop -120.99% in reaching the projected high whereas dropping to the targeted low would mean a loss of -120.99% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 35.34% during past 5 years.
Ardelyx Inc (NASDAQ:ARDX)’s Major holders
Insiders are in possession of 2.51% of company’s total shares while institution are holding 70.11 percent of that, with stock having share float percentage of 71.91%. Investors also watch the number of corporate investors in a company very closely, which is 70.11% institutions for Ardelyx Inc that are currently holding shares of the company. JANUS HENDERSON GROUP PLC is the top institutional holder at ARDX for having 25.95 million shares of worth $192.14 million. And as of 2024-06-30, it was holding 11.0625 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 17.55 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.4828 of outstanding shares, having a total worth of $130.06 million.
On the other hand, Delaware Group Equity Funds V-Macquarie Small Cap Core Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 8.87 shares of worth $32.34 million or 3.71% of the total outstanding shares. The later fund manager was in possession of 7.05 shares on Mar 31, 2025 , making its stake of worth around $25.68 million in the company or a holder of 2.94% of company’s stock.
