Paul Schwichtenberg Sells Shares of Assertio Holdings, Inc. $ASRT

Key Points

  • Paul Schwichtenberg sold 78,811 shares of Assertio Holdings, Inc. ($ASRT).
  • $ASRT last traded around $23.50.

Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.

Paul Schwichtenberg, President and COO at Assertio Holdings, Inc. ($ASRT), sold 78,811 shares. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.

Assertio Holdings, Inc. Stock Price

Shares of Assertio Holdings, Inc. ($ASRT) traded around $23.50 on Wednesday.

Last price$23.50
Market cap$151.86M
Forward P/E9.11
PEG ratio0.89
Beta0.53
52-week low$8.61
52-week high$23.50
50-day MA$21.99
200-day MA$14.90
Current ratio1.82
Quick ratio1.45
Debt-to-equity0.53

Assertio Holdings, Inc. Earnings

EPS (ttm)-$5.55
Revenue (ttm)$102.16M
Revenue growth-62.50%
Net margin-34.94%
Return on equity-38.76%

Analysts Set New Price Targets

ConsensusBuy
Average target$24.43
High target$28
Low target$21.80
Analysts covering3

About Assertio Holdings, Inc.

Assertio Holdings, Inc., a pharmaceutical company, provides various products to patients in the United States. Its pharmaceutical products include INDOCIN, an oral and suppository solution for the treatment of moderate to severe rheumatoid arthritis, including acute flares of chronic disease; ankylosing spondylitis and osteoarthritis; and acute painful shoulder and gouty arthritis. It also provides Sympazan, a benzodiazepine for the adjunctive treatment of seizures related with lennox-gastaut syndrome in patients aged two years of age or older; CAMBIA, a non steroidal anti inflammatory drug (NSAID) for the treatment of migraine pain, nausea, photophobia, and phonophobia; SPRIX, a NSAID for the short term management of moderate to moderately severe pain that requires analgesia at the opioid level; and ROLVEDON, a long-acting granulocyte colony-stimulating factor that is indicated to decrease the incidence of infection caused by febrile neutropenia. The company was formerly known as Assertio Therapeutics, Inc. and changed its name to Assertio Holdings, Inc. in May 2020. Assertio Holdings, Inc. was incorporated in 2020 and is headquartered in Lake Forest, Illinois.

ExchangeNGM
SectorHealthcare
IndustryDrug Manufacturers - Specialty & Generic
HeadquartersLake Forest, IL
CEOMr. Mark L. Reisenauer
Employees53

Get Assertio Holdings, Inc. alerts

New 13F filings, insider trades, and analyst moves on $ASRT, sent to your inbox. Free, and you can unsubscribe anytime.

This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.