Insider Buying: SaverOne 2014 (NASDAQ:SVRE) Director Purchases $95,515,200.00 in Stock

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Director Visionwave Holdings, Inc. purchased 31,838,400 shares of the stock in a transaction dated Wednesday, March 25th. The shares were bought at an average cost of $3.00 per share, for a total transaction of $95,515,200.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Visionwave Holdings, Inc. also recently made the following trade(s):

• On Monday, March 30th, Visionwave Holdings, Inc. purchased 26,265,600 shares of SaverOne 2014 stock. The shares were purchased at an average cost of $3.00 per share, for a total transaction of $78,796,800.00.
• On Friday, March 27th, Visionwave Holdings, Inc. acquired 81,734,400 shares of SaverOne 2014 stock. The shares were purchased at an average cost of $3.00 per share, with a total value of $245,203,200.00.
• On Monday, March 23rd, Visionwave Holdings, Inc. acquired 221,961,600 shares of SaverOne 2014 stock. The stock was acquired at an average price of $3.00 per share, for a total transaction of $665,884,800.00.
• On Wednesday, March 11th, Visionwave Holdings, Inc. bought 260,884,800 shares of SaverOne 2014 stock. The shares were acquired at an average price of $2.64 per share, with a total value of $688,735,872.00.
• On Thursday, March 12th, Visionwave Holdings, Inc. acquired 86,875,200 shares of SaverOne 2014 stock. The shares were bought at an average price of $2.65 per share, with a total value of $230,219,280.00.

SaverOne 2014 Stock Performance

Shares of NASDAQ:SVRE opened at $3.52 on Friday. The stock’s fifty day simple moving average is $3.09 and its 200-day simple moving average is $13.12. SaverOne 2014 Ltd. Sponsored ADR has a 52-week low of $2.20 and a 52-week high of $143.28.

SaverOne 2014 (NASDAQ:SVRE) last issued its quarterly earnings results on Monday, March 30th. The company reported ($51.79) EPS for the quarter, missing analysts’ consensus estimates of ($45.99) by ($5.80). The firm had revenue of $0.05 million for the quarter, compared to analyst estimates of $1.84 million. On average, equities research analysts anticipate that SaverOne 2014 Ltd. Sponsored ADR will post -4.47 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of SaverOne 2014 in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce”.

SaverOne 2014 Company Profile

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users. The company was incorporated in 2014 and is headquartered in Petah Tikva, Israel.