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Healthcare & Biotech,Health,Insiders

OPK Showing Recent Insider Activity

Recent activity shows that Opko Health, OPK the Insider Confidence level is trending Up due to Corporate Insiders of OPK Bought $2.4M 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 OPK:
  • Phillip Frost - CEO & Chairman,Director,>10% Owner, Bought $94,770 worth of shares on 4 days ago
  • Phillip Frost - CEO & Chairman,Director,>10% Owner, Bought $92,287 worth of shares on 1 day ago
  • Phillip Frost - CEO & Chairman,Director,>10% Owner, Bought $95,364 worth of shares on 5 days ago
  • Phillip Frost - CEO & Chairman,Director,>10% Owner, Bought $96,815 worth of shares on 6 days ago
TipRanks.com reports that Opko Health currently has 3 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $4.88 . The target pricing ranges from a high forecast of $5.75 down to a low forecast of $4.00. Opko Health (OPK)’s last closing price was $1.86 which would put the average price target at 162.37% upside.

In addition, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook

Opko Health, OPK
Summary: OPKO Health, Inc engages in the diagnostics and pharmaceuticals business in the United States, Ireland, Chile, Spain, Israel and Mexico. The Diagnostics segment operates Bio-Reference Laboratories, a clinical facility that offers testing services in the detection, diagnosis, evaluation, monitoring and treatment of diseases. The company's pharmaceutical business features Rayaldee, an FDA-approved treatment for secondary hyperparathyroidism (SHPT) in adults with stage 3 or 4 chronic kidney disease (CKD) and vitamin D insufficiency and VARUBI for chemotherapy induced nausea and vomiting. OPKO Health has a development and commercial supply pharmaceutical unit in Ireland along with a global supply chain operation and holding wing. The company also owns specialty active pharmaceutical ingredients (APIs) manufacturer in Israel.
  • Last Price: $1.86
  • Price Change: $0.05, 2.76%
  • Yearly Gain: -51.34%
  • Market Cap: $1.40B
  • P/E Ratio: -6.118
Remember, securities are volatile, so please do your own research on OPK. If you are interest in stocks like OPK or stocks in the Healthcare sector, please click 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 OPK, you should consider joining TipRanks.com.

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