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OCUL Showing Recent Insider Activity

Recent activity shows that Ocular Therapeutix, OCUL the Insider Confidence level is trending Up due to Corporate Insiders of OCUL Bought $1.2M worth of shares in the last 3 months.  

Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
 
"Insider Buying" is not a crime when the buying is based on public information. 
 
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell.  That's why people pay attention to insider buying.

Here is a list of the latest insider activity for OCUL:
  • SUMMER ROAD LLC - >10% Owner, Bought $282,181 worth of shares on 1 month ago
  • SUMMER ROAD LLC - >10% Owner, Bought $302,496 worth of shares on 2 days ago
  • SUMMER ROAD LLC - >10% Owner, Bought $267,410 worth of shares on 1 month ago
  • SUMMER ROAD LLC - >10% Owner, Bought $376,603 worth of shares on 1 month ago
TipRanks.com reports that Ocular Therapeutix currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $22.00 . The target pricing ranges from a high forecast of $30.00 down to a low forecast of $14.00. Ocular Therapeutix (OCUL)’s last closing price was 6.04 which would put the average price target at 264.24% upside.

In addition, TradingView issued a Sell rating for OCUL over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook

Ocular Therapeutix, OCUL
Summary: Ocular Therapeutix, Inc. is a biopharmaceutical company. It is focused on the development and commercialization of ophthalmic therapeutic products using its proprietary hydrogel technology to address unmet or underserved needs in ophthalmology. The Company develops and markets eye care products. Ocular Therapeutix, Inc. is headquartered in Bedford, Massachusetts.
  • Last Price: 6.04
  • Price Change: 0.17, 2.90%
  • Yearly Gain: -70.52%
  • Market Cap: 462.73M
  • P/E Ratio: -3.027
Remember, securities are volatile, so please do your own research on OCUL. If you are interest in stocks like OCUL or stocks in the Healthcare sector, please click here.

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

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This information was sourced from various 3rd party public sources but to get the best insight into insider activity related to OCUL, you should consider joining TipRanks.com.

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