Analyst Activity – Leerink Swann Initiates Coverage On Ardelyx (NASDAQ:ARDX) With a Outperform

Analyst Ratings For Ardelyx (NASDAQ:ARDX)

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Today, Leerink Swann initiated coverage on Ardelyx (NASDAQ:ARDX) with a Outperform.

There are 5 buy ratings on the stock.

The current consensus rating on Ardelyx (NASDAQ:ARDX) is Buy (Score: 3.00) with a consensus target price of $17.40 per share, a potential 171.88% upside.

Some recent analyst ratings include

  • 10/17/2017-Leerink Swann initiated coverage with a Outperform rating.
  • 2/15/2017-Wedbush Reiterated Rating of Outperform.
  • 3/31/2016-Ladenburg Thalmann Financial Services initiated coverage with a Buy rating.

Recent Insider Trading Activity For Ardelyx (NASDAQ:ARDX)
Ardelyx (NASDAQ:ARDX) has insider ownership of 15.47% and institutional ownership of 78.58%.

  • On 8/30/2017 Forest Baskett, Major Shareholder, sold 485 with an average share price of $4.95 per share and the total transaction amounting to $2,400.75. View SEC Filing
  • On 4/18/2017 David P. Rosenbaum, Insider, sold 2,051 with an average share price of $11.98 per share and the total transaction amounting to $24,570.98. View SEC Filing
  • On 3/3/2017 Jeremy S. Caldwell, EVP, sold 1,026 with an average share price of $14.14 per share and the total transaction amounting to $14,507.64. View SEC Filing
  • On 12/16/2016 David P Rosenbaum, SVP, sold 900 with an average share price of $14.48 per share and the total transaction amounting to $13,032.00. View SEC Filing
  • On 10/11/2016 Jeffrey W. Jacobs, SVP, sold 6,000 with an average share price of $15.00 per share and the total transaction amounting to $90,000.00. View SEC Filing
  • On 9/23/2016 Elizabeth A Grammer, SVP, sold 5,000 with an average share price of $12.00 per share and the total transaction amounting to $60,000.00. View SEC Filing
  • On 9/19/2016 Elizabeth A. Grammer, SVP, sold 6,859 with an average share price of $11.21 per share and the total transaction amounting to $76,889.39. View SEC Filing

Recent Trading Activity for Ardelyx (NASDAQ:ARDX)
Shares of Ardelyx closed the previous trading session at with shares trading hands.

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