Martine A. Rothblatt Sells 7,061 Shares of United Therapeutics Corporation (NASDAQ:UTHR) Stock

United Therapeutics Corporation (NASDAQ:UTHR) CEO Martine A. Rothblatt sold 7,061 shares of the firm’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $121.12, for a total value of $855,228.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

United Therapeutics Corporation (UTHR) opened at $133.32 on Monday. The firm has a market capitalization of $5,760.89, a PE ratio of 11.76 and a beta of 1.42. United Therapeutics Corporation has a twelve month low of $112.01 and a twelve month high of $169.89.

United Therapeutics (NASDAQ:UTHR) last posted its earnings results on Wednesday, October 25th. The biotechnology company reported $6.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.01 by $2.26. The firm had revenue of $445.50 million for the quarter, compared to analyst estimates of $426.43 million. United Therapeutics had a return on equity of 26.24% and a net margin of 30.50%. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the company posted $4.23 earnings per share. equities analysts expect that United Therapeutics Corporation will post 12.45 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sage Capital Advisors llc acquired a new stake in shares of United Therapeutics in the 3rd quarter valued at about $3,162,000. Public Employees Retirement System of Ohio raised its stake in shares of United Therapeutics by 10.0% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 20,823 shares of the biotechnology company’s stock valued at $2,440,000 after purchasing an additional 1,898 shares during the period. Sterling Capital Management LLC raised its stake in shares of United Therapeutics by 6.1% in the 3rd quarter. Sterling Capital Management LLC now owns 18,534 shares of the biotechnology company’s stock valued at $2,172,000 after purchasing an additional 1,060 shares during the period. California Public Employees Retirement System raised its stake in shares of United Therapeutics by 1.5% in the 3rd quarter. California Public Employees Retirement System now owns 133,793 shares of the biotechnology company’s stock valued at $15,679,000 after purchasing an additional 1,993 shares during the period. Finally, Asset Management One Co. Ltd. raised its stake in shares of United Therapeutics by 23.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 82,688 shares of the biotechnology company’s stock valued at $9,722,000 after purchasing an additional 15,805 shares during the period. 99.83% of the stock is currently owned by hedge funds and other institutional investors.

UTHR has been the topic of several recent research reports. Zacks Investment Research upgraded United Therapeutics from a “strong sell” rating to a “hold” rating in a research report on Monday, October 9th. ValuEngine upgraded United Therapeutics from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. HC Wainwright restated a “hold” rating and issued a $95.00 price target on shares of United Therapeutics in a research report on Thursday, October 26th. Cowen restated a “hold” rating and issued a $129.00 price target on shares of United Therapeutics in a research report on Friday, October 27th. Finally, Oppenheimer restated a “buy” rating on shares of United Therapeutics in a research report on Friday, September 8th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $136.10.

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About United Therapeutics

United Therapeutics Corporation is a biotechnology company. The Company is focused on the development and commercialization of products for the treatment of chronic and life-threatening conditions. The Company markets and sells four commercial therapies in the United States to treat pulmonary arterial hypertension (PAH): Remodulin (treprostinil) Injection; Tyvaso (treprostinil) Inhalation Solution (Tyvaso); Orenitram (treprostinil) Extended-Release Tablets (Orenitram); and Adcirca (tadalafil) Tablets (Adcirca).

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