Dianthus Therapeutics (NASDAQ:DNTH) Stock: Insider Ryan Savitz Sells 2,561 Shares

Dianthus Therapeutics, Inc. (NASDAQ:DNTH – Get Free Report) EVP Ryan Savitz sold 2,561 shares of the business’s stock in a transaction that occurred on Tuesday, November 10th. The stock was sold at an average price of $90.14, for a total transaction of $230,848.54. Following the completion of the transaction, the executive vice president directly owned 29,276 shares of the company’s stock, valued at $2,638,938.64. This trade represents a 8.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Ryan Savitz also recently made the following trade(s):

  • On Wednesday, November 11th, Ryan Savitz sold 3,044 shares of Dianthus Therapeutics stock. The shares were sold at an average price of $90.03, for a total value of $274,051.32.
  • On Thursday, November 12th, Ryan Savitz sold 17,724 shares of Dianthus Therapeutics stock. The shares were sold at an average price of $90.56, for a total value of $1,605,085.44.
  • On Monday, November 9th, Ryan Savitz sold 100,713 shares of Dianthus Therapeutics stock. The shares were sold at an average price of $90.54, for a total value of $9,118,555.02.

Dianthus Therapeutics Trading Down 0.7%

Shares of NASDAQ:DNTH traded down $0.67 on Friday, reaching $91.81. The company had a trading volume of 681,515 shares, compared to its average volume of 942,202. The firm has a market capitalization of $5.17 billion, a PE ratio of -23.01 and a beta of 1.47. Dianthus Therapeutics, Inc. has a 52-week low of $34.29 and a 52-week high of $117.88. The firm’s 50 day simple moving average is $88.45 and its 200-day simple moving average is $86.56.

Dianthus Therapeutics (NASDAQ:DNTH – Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The company reported ($0.81) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.94) by $0.13. Dianthus Therapeutics had a negative return on equity of 19.68% and a negative net margin of 7,436.50%. The firm had revenue of $1.21 million during the quarter, compared to analysts’ expectations of $0.46 million. As a group, equities research analysts predict that Dianthus Therapeutics, Inc. will post -3.55 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DNTH. 49 Wealth Management LLC purchased a new stake in Dianthus Therapeutics in the third quarter valued at about $212,000. First Trust Advisors LP boosted its holdings in Dianthus Therapeutics by 42.1% in the third quarter. First Trust Advisors LP now owns 133,810 shares of the company’s stock worth $11,782,000 after acquiring an additional 39,658 shares in the last quarter. IFG Advisory LLC grew its stake in shares of Dianthus Therapeutics by 19.1% during the third quarter. IFG Advisory LLC now owns 6,000 shares of the company’s stock worth $528,000 after acquiring an additional 961 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of Dianthus Therapeutics by 1,068.4% during the third quarter. Fisher Asset Management LLC now owns 272,863 shares of the company’s stock worth $24,026,000 after acquiring an additional 249,510 shares during the last quarter. Finally, Fifth Third Bancorp grew its stake in shares of Dianthus Therapeutics by 23.6% during the third quarter. Fifth Third Bancorp now owns 676 shares of the company’s stock worth $60,000 after acquiring an additional 129 shares during the last quarter. 47.53% of the stock is owned by institutional investors and hedge funds.

Dianthus Therapeutics News Summary

Here’s some of the latest news about DNTH:

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. HC Wainwright reiterated a “buy” rating and issued a $158.00 target price on shares of Dianthus Therapeutics in a report on Thursday, October 15th. JPMorgan Chase & Co. started coverage on shares of Dianthus Therapeutics in a report on Friday, September 11th. They issued an “overweight” rating and a $135.00 price target on the stock. Roth Capital began coverage on shares of Dianthus Therapeutics in a research report on Tuesday, October 27th. They issued a “buy” rating and a $113.00 price objective on the stock. Wedbush boosted their price objective on shares of Dianthus Therapeutics from $105.00 to $122.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Dianthus Therapeutics in a research report on Thursday, October 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $128.77.

Get Our Latest Stock Analysis on Dianthus Therapeutics

Dianthus Therapeutics Company Profile

(Get Free Report)

Dianthus Therapeutics is a clinical-stage biotechnology company developing medicines for autoimmune and inflammatory diseases involving the complement system, a part of the immune system. The company’s research focuses on selectively targeting complement activity that contributes to disease. Dianthus became a publicly traded company in 2023 through a merger with Magenta Therapeutics. Its clinical development activities are intended to support potential use across patient populations, though the company has not established a commercial geographic footprint.

Recommended Stories

Insider Buying and Selling by Quarter for Dianthus Therapeutics (NASDAQ:DNTH)

Receive News & Ratings for Dianthus Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dianthus Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.