In Wednesday’s Wall Street session, Novavax, Inc (NASDAQ:NVAX) shares traded at $6.48, down -0.15% from the previous session.
NVAX stock price is now -3.75% away from the 50-day moving average and -24.63% away from the 200-day moving average. The market capitalization of the company currently stands at $1.05B.
With the price target of $6, Citigroup recently initiated with Sell rating for Novavax, Inc (NASDAQ: NVAX). On February 28, 2025, BTIG Research recently initiated its ‘Buy’ rating on the stock quoting a target price of $19, while ‘JP Morgan’ rates the stock as ‘Underweight’
In other news, YOUNG JAMES F, Former Director bought 10,000 shares of the company’s stock on May 19 ’25. The stock was bought for $75,883 at an average price of $7.59. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 14 ’25, Former Director YOUNG JAMES F bought 4,000 shares of the business’s stock. A total of $24,406 was incurred on buying the stock at an average price of $6.10. A total of 8.91% of the company’s stock is owned by insiders.
During the past 12 months, Novavax, Inc has had a low of $5.01 and a high of $17.81.
The company reported revenue of $666.65 million for the quarter, compared to $93.86 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 610.3 percent.
