Apr. 9 at 4:48 PM
$OMER needs a few more tutes
$JPM
That news willl tighten things up a bit more
JPMorgan Chase & Co. increased its stake in Omeros by 1,201.1% in Q3 to 416,153 shares (0.59% ownership), buying an additional 384,168 shares and valuing the position at about
$1.71 million.
Analysts are mixed but leaning positive: the consensus rating is a “Moderate Buy” with an average price target of
$40.33, and recent upgrades include HC Wainwright raising its target to
$40 and Zacks moving to a strong-buy.
CAO David J. Borges sold 30,000 shares; insiders own 12.9% and institutions own 48.79% of the stock, which has a market cap of roughly
$790.6M and recently reported a surprising quarterly EPS of
$3.14 versus an expected (‑$
