Esperion Therapeutics (NASDAQ:ESPR – Free Report) had its price objective hoisted by Needham & Company LLC from $4.00 to $5.00 in a research note released on Tuesday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the biopharmaceutical company’s stock.
Other equities research analysts have also recently issued research reports about the company. Wall Street Zen cut Esperion Therapeutics from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Cantor Fitzgerald restated an “overweight” rating on shares of Esperion Therapeutics in a report on Wednesday, November 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Esperion Therapeutics in a report on Thursday, January 22nd. Piper Sandler started coverage on shares of Esperion Therapeutics in a report on Tuesday, November 25th. They issued an “overweight” rating and a $9.00 target price on the stock. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Esperion Therapeutics in a research report on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $8.25.
View Our Latest Report on Esperion Therapeutics
Esperion Therapeutics Price Performance
Insider Buying and Selling at Esperion Therapeutics
In other news, CFO Benjamin Halladay sold 7,337 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $3.67, for a total value of $26,926.79. Following the completion of the transaction, the chief financial officer directly owned 467,525 shares of the company’s stock, valued at $1,715,816.75. This represents a 1.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last quarter, insiders sold 15,543 shares of company stock valued at $55,709. 1.70% of the stock is owned by insiders.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Jones Financial Companies Lllp purchased a new stake in shares of Esperion Therapeutics during the 1st quarter valued at $278,000. Sivia Capital Partners LLC bought a new position in Esperion Therapeutics during the second quarter valued at about $25,000. Summit Wealth Group LLC increased its holdings in Esperion Therapeutics by 10.2% during the second quarter. Summit Wealth Group LLC now owns 323,000 shares of the biopharmaceutical company’s stock worth $318,000 after buying an additional 30,000 shares during the last quarter. Geode Capital Management LLC increased its holdings in Esperion Therapeutics by 3.1% during the second quarter. Geode Capital Management LLC now owns 4,583,988 shares of the biopharmaceutical company’s stock worth $4,513,000 after buying an additional 137,691 shares during the last quarter. Finally, Intech Investment Management LLC raised its position in Esperion Therapeutics by 30.4% in the second quarter. Intech Investment Management LLC now owns 123,040 shares of the biopharmaceutical company’s stock worth $121,000 after acquiring an additional 28,695 shares during the period. Institutional investors own 47.39% of the company’s stock.
Key Stories Impacting Esperion Therapeutics
Here are the key news stories impacting Esperion Therapeutics this week:
- Positive Sentiment: Acquisition expands commercial portfolio with an FDA‑approved, first‑in‑class intranasal diuretic (ENBUMYST) for edema tied to CHF and hepatic/renal disease; deal adds an approved product, a large U.S. market opportunity (> $4B), and potential double‑digit revenue growth (upfront $75M, up to $180M milestones, royalties). Esperion and Corstasis Announce Definitive Agreement
- Positive Sentiment: Analyst support improved: Needham raised its price target from $4 to $5 and kept a Buy rating, signaling buy‑side conviction that the deal and product can boost revenue. Benzinga
- Neutral Sentiment: Company held an M&A conference call; a full transcript provides more detail on integration plans and timing — useful for investors wanting disclosure color and management guidance. Esperion M&A Call Transcript
- Neutral Sentiment: Financing approach: Esperion plans to fund the deal via existing credit facilities and royalty monetization (Japanese royalties managed by Athyrium/HCRx) — supports the purchase but adds leverage/royalty obligations to monitor. TipRanks: Esperion to Acquire Corstasis
- Neutral Sentiment: Near‑term event risk: Esperion is projected to report earnings soon — another potential catalyst for volatility as investors digest upcoming results against the acquisition news. Esperion Projected to Post Earnings
- Neutral Sentiment: Short‑interest data in recent feeds appears inconsistent (reports of large increases but showing 0 shares / NaN), so short‑interest signals are unclear and should be treated cautiously.
- Negative Sentiment: Insider selling has been reported (multiple sales by executives in recent months), which may raise governance or confidence concerns for some investors. QuiverQuant: Esperion Acquires Corstasis
- Negative Sentiment: Deal risk: downstream milestones and commercial execution are uncertain — the acquisition’s upside depends on successful integration, uptake of ENBUMYST, and meeting milestone triggers; failure to meet expectations could pressure the stock.
About Esperion Therapeutics
Esperion Therapeutics, Inc is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of oral, low–density lipoprotein cholesterol (LDL-C)–lowering therapies. The company’s research and development efforts center on small-molecule compounds designed to address atherosclerotic cardiovascular disease by targeting cholesterol biosynthesis pathways. Esperion seeks to provide novel treatment options for patients who require additional LDL-C reduction beyond what is achieved with statins or who are statin-intolerant.
The company’s lead products include NEXLETOL (bempedoic acid), an oral adenosine triphosphate–citrate lyase (ACL) inhibitor approved by the U.S.
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