William E. Rote Sells 1,034 Shares of Retrophin Inc (RTRX) Stock

Retrophin Inc (NASDAQ:RTRX) SVP William E. Rote sold 1,034 shares of the stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $21.50, for a total value of $22,231.00. Following the transaction, the senior vice president now owns 11,156 shares in the company, valued at approximately $239,854. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Retrophin Inc (NASDAQ RTRX) opened at $22.75 on Monday. Retrophin Inc has a twelve month low of $15.55 and a twelve month high of $26.44. The company has a current ratio of 3.88, a quick ratio of 3.83 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $894.23, a P/E ratio of -15.07 and a beta of 1.01.

RTRX has been the topic of several analyst reports. ValuEngine downgraded Retrophin from a “hold” rating to a “sell” rating in a report on Monday, November 20th. Zacks Investment Research downgraded Retrophin from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 14th. Finally, BidaskClub downgraded Retrophin from a “buy” rating to a “hold” rating in a report on Saturday, December 30th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. Retrophin presently has a consensus rating of “Hold” and a consensus price target of $44.00.

Several institutional investors have recently made changes to their positions in RTRX. Dimensional Fund Advisors LP grew its stake in shares of Retrophin by 49.0% in the second quarter. Dimensional Fund Advisors LP now owns 825,253 shares of the biopharmaceutical company’s stock worth $16,002,000 after acquiring an additional 271,551 shares during the last quarter. Macquarie Group Ltd. grew its stake in shares of Retrophin by 22.7% in the third quarter. Macquarie Group Ltd. now owns 1,459,218 shares of the biopharmaceutical company’s stock worth $36,320,000 after acquiring an additional 270,399 shares during the last quarter. Prudential Financial Inc. grew its stake in shares of Retrophin by 385.7% in the third quarter. Prudential Financial Inc. now owns 194,140 shares of the biopharmaceutical company’s stock worth $4,832,000 after acquiring an additional 154,170 shares during the last quarter. Consonance Capital Management LP grew its stake in shares of Retrophin by 4.0% in the fourth quarter. Consonance Capital Management LP now owns 3,644,438 shares of the biopharmaceutical company’s stock worth $76,788,000 after acquiring an additional 138,834 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Retrophin by 88.5% in the third quarter. American Century Companies Inc. now owns 285,875 shares of the biopharmaceutical company’s stock worth $7,115,000 after acquiring an additional 134,205 shares during the last quarter.

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Retrophin Company Profile

Retrophin, Inc is a biopharmaceutical company. The Company is focused on the development, acquisition and commercialization of therapies for the treatment of serious, catastrophic or rare diseases. The Company sells three products, including Chenodal (chenodeoxycholic acid), Cholbam (cholic acid) and Thiola (tiopronin).

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