{ }
Symbol CRSP
Name CRISPR Therapeutics AG
Currency USD
Sector Health Care
IndustryGroup Pharmaceuticals, Biotechnology & Life Sciences
Industry Biotechnology
Market NASDAQ Global Select
Country Switzerland
State
City Zug
Zipcode 6300
Website http://www.crisprtx.com
CRISPR Therapeutics' CEO sold shares at an average price of $46.28, totaling $198,680.04, reducing their ownership by 1.86%. General Counsel James R. Kasinger also sold shares, resulting in a 1.71% decrease in their holdings. Insiders have sold 50,382 shares valued at $2,744,179 in the last three months, with 4.10% of the stock owned by insiders. The company reported a quarterly loss of $1.01 EPS, exceeding estimates, while analysts maintain a "Hold" rating with a consensus target price of $77.93.
Larson Financial Group LLC and GPS Wealth Strategies Group LLC significantly increased their stakes in CRISPR Therapeutics during the second quarter, with institutional investors now owning 69.20% of the company. The stock recently hit a 52-week low of $43.23, and analysts have mixed ratings, with a consensus "Hold" and an average target price of $77.93. In its latest earnings report, CRISPR posted a loss of $1.01 per share, beating estimates but falling short on revenue expectations.
CRISPR Therapeutics, a pioneer in gene therapy, faces challenges despite its first FDA-approved CRISPR-based therapy, Casgevy. With shares down 46% from their peak and minimal revenue reported, the company must navigate intense competition and financial losses while aiming for future growth. Investors are advised to proceed with caution until sales momentum is evident.
CRISPR Therapeutics, a leader in gene therapy, achieved a milestone with the FDA's approval of its Casgevy product for sickle cell disease, marking the first CRISPR-based therapy. Despite a promising pipeline and $1.9 billion in cash, the company faces challenges with slow commercialization and minimal revenue from Casgevy, which has only reached one patient so far. As it prepares for expanded indications and updated efficacy data by 2025, investors remain cautious amid a 46% drop in share value from its 52-week high.
CRISPR Therapeutics (NASDAQ: CRSP) has seen a reduction in Q2 2025 earnings estimates to ($1.48) per share, with a full-year consensus of ($5.17) per share. Analysts have mixed ratings, with two sell, eight hold, and nine buy ratings, while the stock is currently trading at $47.78, down 1.8%. Institutional investors hold 69.20% of the company, reflecting ongoing interest despite recent insider selling.
Editas Medicine will lay off 180 employees, about two-thirds of its workforce, as it shifts focus to “in vivo” gene editing after failing to find a partner for its sickle cell therapy. The company is ending development of its lead CRISPR medicine and will share more preclinical data in early 2025.
William Blair forecasts CRISPR Therapeutics will report FY2024 earnings of ($4.66) per share, slightly better than the consensus estimate of ($5.17). The company recently posted Q3 earnings of ($1.01) per share, exceeding expectations, but reported revenues significantly below estimates. Analysts maintain a "Hold" rating on the stock, with a mixed outlook reflected in various price targets.
Catherine Wood, founder of ARK Investment Management, acquired 1,623,868 shares of CRISPR Therapeutics AG at $51.17 each, raising her firm's total holdings to 9,122,493 shares, or 4.24% of the portfolio. This move underscores her confidence in the biotechnology sector and CRISPR's gene-editing technologies, despite the company's current overvaluation. CRISPR Therapeutics, valued at $4.19 billion, is a leader in gene editing, with a focus on addressing significant medical needs through innovative therapeutics.
CRISPR Therapeutics holds a consensus "Hold" rating with an average target price of $74.94. CEO Samarth Kulkarni recently sold 30,000 shares at $55.62, reducing his stake by 13.24%. The company reported a quarterly loss of $1.01 per share, surpassing estimates, with revenue of $0.60 million. Insider sales totaled 50,382 shares valued at $2.74 million in the last 90 days, while institutional investors own 69.20% of the stock. The stock traded at $51.94, with a 52-week range of $43.42 to $91.10.
The convergence of science and technology is transforming healthcare, with Syfe's Healthcare Innovation portfolio offering diversified investment across genomics, biotechnology, pharmaceuticals, healthcare services, and medical devices. This portfolio includes six carefully selected ETFs, providing exposure to leading companies and innovations in the sector, while managing risks associated with long-term healthcare investments. With no minimum investment and low fees, it aims to capitalize on the future of healthcare advancements.

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.