Radius Health, Inc. (NASDAQ:RDUS) announced its earnings results on Thursday. The biopharmaceutical company reported ($1.31) EPS for the quarter, missing analysts’ consensus estimates of ($1.28) by ($0.03), Briefing.com reports. The firm had revenue of $13.50 million for the quarter, compared to analyst estimates of $6.90 million. During the same quarter last year, the firm earned ($1.07) earnings per share.

Shares of Radius Health (NASDAQ:RDUS) traded down $1.29 on Friday, reaching $29.56. 2,824,590 shares of the company’s stock traded hands, compared to its average volume of 954,239.

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In other Radius Health news, major shareholder Growth N. V. Biotech purchased 150,000 shares of the company’s stock in a transaction dated Thursday, August 10th. The shares were acquired at an average price of $34.97 per share, for a total transaction of $5,245,500.00. Following the purchase, the insider now directly owns 5,113,799 shares of the company’s stock, valued at approximately $178,829,551.03. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Growth N. V. Biotech purchased 60,000 shares of the company’s stock in a transaction dated Wednesday, August 16th. The shares were acquired at an average price of $35.98 per share, for a total transaction of $2,158,800.00. Following the purchase, the insider now directly owns 5,248,799 shares in the company, valued at $188,851,788.02. The disclosure for this purchase can be found here. Insiders purchased 519,100 shares of company stock worth $17,970,882 in the last 90 days. 15.00% of the stock is currently owned by corporate insiders.

A number of brokerages have recently commented on RDUS. Jefferies Group LLC cut their target price on shares of Radius Health from $38.00 to $31.00 and set a “hold” rating on the stock in a report on Friday. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $58.00 target price on shares of Radius Health in a report on Friday. Zacks Investment Research raised shares of Radius Health from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a $45.00 target price on shares of Radius Health in a report on Friday, October 6th. Finally, Maxim Group reaffirmed a “positive” rating on shares of Radius Health in a report on Friday, September 29th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. Radius Health has an average rating of “Hold” and a consensus target price of $51.00.

About Radius Health

Radius Health, Inc is a biopharmaceutical company. The Company is focused on the developing therapeutics in the areas of osteoporosis, oncology and endocrine diseases. The Company’s lead investigational product candidate, TYMLOS (abaloparatide-SC) injection is developed for the treatment of postmenopausal women with osteoporosis at high risk for fracture.

Earnings History for Radius Health (NASDAQ:RDUS)

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