Isthmus Partners LLC boosted its holdings in shares of Supernus Pharmaceuticals, Inc. (NASDAQ:SUPN) by 2.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 50,981 shares of the specialty pharmaceutical company’s stock after acquiring an additional 1,000 shares during the period. Isthmus Partners LLC’s holdings in Supernus Pharmaceuticals were worth $1,570,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC acquired a new position in Supernus Pharmaceuticals during the second quarter worth $39,000. First Horizon Advisors Inc. raised its holdings in shares of Supernus Pharmaceuticals by 105.7% in the first quarter. First Horizon Advisors Inc. now owns 1,333 shares of the specialty pharmaceutical company’s stock valued at $34,000 after purchasing an additional 685 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of Supernus Pharmaceuticals in the first quarter valued at about $45,000. Lazard Asset Management LLC purchased a new stake in shares of Supernus Pharmaceuticals in the first quarter valued at about $50,000. Finally, Teacher Retirement System of Texas purchased a new stake in shares of Supernus Pharmaceuticals in the second quarter valued at about $213,000.
NASDAQ SUPN traded up $0.41 during trading hours on Wednesday, reaching $27.34. 626 shares of the company were exchanged, compared to its average volume of 502,525. Supernus Pharmaceuticals, Inc. has a 1 year low of $17.20 and a 1 year high of $34.29. The business’s 50 day simple moving average is $26.55 and its 200-day simple moving average is $28.41. The company has a quick ratio of 2.05, a current ratio of 2.26 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $1.45 billion, a P/E ratio of 14.56 and a beta of 1.22.
Separately, Zacks Investment Research upgraded shares of Supernus Pharmaceuticals from a “sell” rating to a “hold” rating in a report on Tuesday, August 10th.
About Supernus Pharmaceuticals
Supernus Pharmaceuticals, Inc engages in the development and commercialization of products for the treatment of central nervous system diseases. It offers Trokendi XR, Oxtellar XR, APOKYN, XADAGO, and MYOBLOC products. The company was founded by Jack A. Khattar on March 30, 2005 and is headquartered in Rockville, MD.
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