ANI Pharmaceuticals (NASDAQ:ANIP) Director Sells 1,000 Shares

ANI Pharmaceuticals, Inc. (NASDAQ:ANIPGet Free Report) Director Jeanne Thoma sold 1,000 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $71.53, for a total transaction of $71,530.00. Following the sale, the director directly owned 26,762 shares of the company’s stock, valued at $1,914,285.86. This represents a 3.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

ANI Pharmaceuticals Trading Up 0.3%

Shares of NASDAQ ANIP traded up $0.21 during midday trading on Monday, reaching $70.40. The stock had a trading volume of 357,649 shares, compared to its average volume of 331,768. The company’s 50 day moving average price is $76.97 and its 200 day moving average price is $78.17. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.41 and a current ratio of 2.91. ANI Pharmaceuticals, Inc. has a twelve month low of $69.58 and a twelve month high of $99.39. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 15.17 and a beta of 0.45.

ANI Pharmaceuticals (NASDAQ:ANIPGet Free Report) last announced its earnings results on Friday, August 7th. The specialty pharmaceutical company reported $2.21 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.17. The business had revenue of $266.04 million during the quarter, compared to the consensus estimate of $260.13 million. ANI Pharmaceuticals had a net margin of 11.07% and a return on equity of 27.37%. ANI Pharmaceuticals’s quarterly revenue was up 25.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.80 earnings per share. ANI Pharmaceuticals has set its FY 2026 guidance at 9.190-9.690 EPS. As a group, sell-side analysts expect that ANI Pharmaceuticals, Inc. will post 7.83 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ANIP. Canaccord Genuity Group dropped their price target on ANI Pharmaceuticals from $91.00 to $90.00 and set a “hold” rating on the stock in a research note on Monday, August 10th. Weiss Ratings downgraded ANI Pharmaceuticals from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 11th. Wall Street Zen lowered ANI Pharmaceuticals from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Guggenheim lowered their target price on ANI Pharmaceuticals from $124.00 to $119.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. Finally, Leerink Partners started coverage on ANI Pharmaceuticals in a report on Wednesday, September 9th. They issued an “outperform” rating and a $104.00 target price on the stock. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, ANI Pharmaceuticals currently has a consensus rating of “Moderate Buy” and a consensus price target of $105.57.

Read Our Latest Stock Analysis on ANIP

Institutional Investors Weigh In On ANI Pharmaceuticals

Institutional investors have recently added to or reduced their stakes in the business. Tidal Investments LLC bought a new stake in ANI Pharmaceuticals during the 2nd quarter worth approximately $248,000. WINTON GROUP Ltd purchased a new stake in ANI Pharmaceuticals during the second quarter valued at about $4,558,000. Corient Private Wealth LP raised its holdings in shares of ANI Pharmaceuticals by 95.2% during the 2nd quarter. Corient Private Wealth LP now owns 24,106 shares of the specialty pharmaceutical company’s stock valued at $1,995,000 after buying an additional 11,754 shares in the last quarter. Amundi raised its holdings in shares of ANI Pharmaceuticals by 595.5% during the 2nd quarter. Amundi now owns 31,793 shares of the specialty pharmaceutical company’s stock valued at $2,632,000 after buying an additional 27,222 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in ANI Pharmaceuticals in the 2nd quarter worth approximately $1,449,000. 76.05% of the stock is owned by hedge funds and other institutional investors.

ANI Pharmaceuticals Company Profile

(Get Free Report)

ANI Pharmaceuticals, Inc is a specialty pharmaceutical company that develops, manufactures and markets branded and generic prescription medicines. The company focuses on products with complex formulations, manufacturing requirements or specialized commercial opportunities, and serves a range of therapeutic areas.

ANI’s portfolio includes Cortrophin-Zinc, a repository corticotropin injection used for certain autoimmune and inflammatory conditions, along with a selection of branded and generic medicines.

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Insider Buying and Selling by Quarter for ANI Pharmaceuticals (NASDAQ:ANIP)

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