1,992,519 Shares in Talphera, Inc. (NASDAQ:TLPH) Bought by Nantahala Capital Management LLC

Nantahala Capital Management LLC acquired a new position in Talphera, Inc. (NASDAQ:TLPH) during the second quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,992,519 shares of the company’s stock, valued at approximately $1,773,000. Nantahala Capital Management LLC owned 11.73% of Talphera at the end of the most recent reporting period.

Separately, Turtle Creek Wealth Advisors LLC purchased a new stake in Talphera during the 2nd quarter worth $64,000. Institutional investors own 37.67% of the company’s stock.

Analyst Ratings Changes

Separately, HC Wainwright restated a “buy” rating and set a $6.00 price objective on shares of Talphera in a research note on Friday, August 16th.

Talphera Stock Performance

TLPH opened at $0.86 on Tuesday. Talphera, Inc. has a twelve month low of $0.43 and a twelve month high of $1.61. The firm has a market cap of $14.56 million, a price-to-earnings ratio of -0.96 and a beta of 0.33. The company has a fifty day simple moving average of $0.92 and a 200 day simple moving average of $0.98.

Talphera (NASDAQ:TLPH) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.15) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.07. On average, analysts forecast that Talphera, Inc. will post -0.73 earnings per share for the current fiscal year.

Talphera Profile

Talphera, Inc, a specialty pharmaceutical company, focuses on the development and commercialization of therapies for use in medically supervised settings. Its lead product candidate is Niyad, a lyophilized formulation of nafamostat, which is under an investigational device exemption as an anticoagulant for the extracorporeal circuit.