Economy

SAGE Therapeutics Options Traders Don't Buy Depression Drug Breakout

SAGE Therapeutics Options Traders Don't Buy Depression Drug Breakout”

Today's results are important to consider, of course, but for bright investors, it's the future that matters, and the future of SAGE Therapeutics Inc (NASDAQ:SAGE) looks bright.

1,102 are owned by Quantbot Tech Limited Partnership. Northern holds 0.01% or 411,444 shares. Dupont Cap accumulated 13,528 shares. Airain Ltd holds 0.06% or 17,281 shares in its portfolio. (NASDAQ:SAGE). Nicholas Prtn L P invested 0.43% of its portfolio in Sage Therapeutics, Inc. (NASDAQ:SAGE). Tocqueville Asset Mngmt Lp holds 71,450 shares or 0.07% of its portfolio. State Common Retirement Fund reported 0% of its portfolio in Sage Therapeutics, Inc. (NASDAQ:SAGE). Nebraska-based Cwm Limited Liability Co has invested 0% in Sage Therapeutics, Inc. (NASDAQ:SAGE) for 67,872 shares. 1,000 were accumulated by Highlander Capital Mgmt Ltd Liability. Qs Investors Limited Liability Company holds 800 shares or 0% of its portfolio.

Deutsche Savings Bank Ag reported 660,413 shares. Citigroup has 0% invested in Sage Therapeutics, Inc. (NASDAQ:SAGE) hit a new 52-week high and has $165.55 target or 3.00 % above today's $160.73 share price. Leerink Swann's target price suggests a potential upside of 167.68% from the company's current price. An all time high points to a stock which has the most positive fundamentals ever.

Tightening the gaze, stock performance for the last 5 trading days is -2.39%. 570,600 shares of the company's stock were exchanged, compared to its average volume of 548,792. It has outperformed by 99.75% the S&P500. The company's quarterly revenue was up.0% compared to the same quarter last year. analysts forecast that Sage Therapeutics will post -7.4 earnings per share for the current fiscal year.

SAGE has been the subject of several other research reports. Canaccord Genuity set a $110.00 price target on SAGE Therapeutics and gave the stock a buy rating in a report on Thursday, February 23rd. Therefore 88% are positive. BlackRock Institutional Trust Company N.A. increased its stake in SAGE Therapeutics by 38.7% in the third quarter. From the opening price, the stock has seen a change of -0.40% recently clocking in with a price of $160.54. SAGE Therapeutics had 45 analyst reports since September 3, 2015 according to SRatingsIntel. As per Wednesday, March 30, the company rating was initiated by Goldman Sachs. BMO Capital Markets reissued an "outperform" rating and set a $112.00 price target (up previously from $85.67) on shares of Sage Therapeutics in a research report on Friday, November 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. Bank of America maintained it with "Buy" rating and $101 target in Thursday, November 16 report. The firm has "Buy" rating given on Thursday, November 2 by RBC Capital Markets. JP Morgan maintained the stock with "Buy" rating in Thursday, September 3 report. Raymond James upgraded Sage Therapeutics, Inc. Leerink Swann has "Buy" rating and $9700 target. (NASDAQ:SAGE) rating on Tuesday, June 20.

This is Sage's second success in as many months. Sage Therapeutics, Inc. (NASDAQ:SAGE) has risen 116.45% since December 7, 2016 and is uptrending. (NASDAQ:SAGE) were released by: Schaeffersresearch.com and their article: "SAGE Therapeutics Options Traders Don't Buy Depression Drug Breakout" published on December 07, 2017 as well as Nasdaq.com's news article titled: "Mid-Day Market Update: Duluth Holdings Drops Following Q3 Results; SAGE ..." with publication date: December 07, 2017. The company engages in the development and commercialization of novel medicines to treat central nervous system disorders. The Company's lead product candidate, SAGE-547 is an intravenous formulation of allopregnanolone, a neurosteroid that acts as a synaptic and extrasynaptic modulator of the Gamma-Amino Butyric Acid-A (GABAA) receptor.



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