In the last trading session, 1.24 million Cassava Sciences Inc (NASDAQ:SAVA) shares changed hands as the company’s beta touched -2.05. With the company’s per share price at $1.85 changed hands at $0.04 or 2.21% during last session, the market valuation stood at $89.37M. SAVA’s last price was a discount, traded about -2181.08% off its 52-week high of $42.20. The share price had its 52-week low at $1.15, which suggests the last value was 37.84% up since then. When we look at Cassava Sciences Inc’s average trading volume, we note the 10-day average is 1.39 million shares, with the 3-month average coming to 1.13 million.
Analysts gave the Cassava Sciences Inc (SAVA) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended SAVA as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.
Cassava Sciences Inc (NASDAQ:SAVA) trade information
Instantly SAVA was in green as seen at the end of in last trading. With action -4.64%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -90.24%, with the 5-day performance at -4.64% in the red. However, in the 30-day time frame, Cassava Sciences Inc (NASDAQ:SAVA) is -7.96% down. Looking at the short shares, we see there were 8.22 million shares sold at short interest cover period of 6.74 days.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -40.61%.
SAVA Dividends
Cassava Sciences Inc is expected to release its next quarterly earnings report on 2025-Mar-03.
Cassava Sciences Inc (NASDAQ:SAVA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 12.79% of Cassava Sciences Inc shares while 32.98% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 37.81%. There are 32.98% institutions holding the Cassava Sciences Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 48.7804% of the shares, roughly 3.22 million SAVA shares worth $39.76 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 40.6517% or 2.68 million shares worth $33.14 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 1.28 shares estimated at $2.37 million under it, the former controlled 2.66% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.06% of the shares, roughly 994.11 shares worth around $1.84 million.
