[NGM] Protagonist Therapeutics, Inc. (PTGX) +11.72% : Protagonist Therapeutics, Inc. (PTGX): A Cheap Biotech Stock to Invest In Now (2025-03-10)

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Protagonist Therapeutics, Inc. (PTGX)


PTGX Chart as of 2025-03-10

PTGX Chart


Stock Information

CEO:
CFO:
Employees: 126
Address: 7707 Gateway Boulevard, Newark, CA, United States
Country: United States
Website: https://www.protagonist-inc.com
Listing Date:
Founded:
Founder:
Current Price: 55.95000076293945 USD
Today Change: 11.72%
Outstanding Shares: 61,384,300
Volume: 5,223,073
Avg Volume: 725,662
Expert Target Price: 62.7000
(Institutions: 0)
EPS:
PER: 9.082792
Dividend Date:
Last Split Date:
Last Split Factor:

Key Executives

Name Title Pay Year
Dr. Dinesh V. Patel Ph.D. CEO, President, Secretary & Director 1.03M
Mr. Asif Ali Executive VP & Chief Financial Officer 631.04k
Dr. Suneel K. Gupta Ph.D. Executive VP of Clinical Development 719.21k
Mr. Mohammad Masjedizadeh Ph.D. Executive VP & Chief Technical Officer
Dr. Newman Yeilding EVP, Chief Scientific Officer
Mr. Matthew M. Gosling J.D. Executive VP & General Counsel
Ms. Carena Spivey Head of HR & Senior VP of Human Resources
Dr. Ashok Bhandari Ph.D. Executive VP & Chief Drug Discovery and Preclinical Development Officer
Mr. Carter J. King Executive Vice President of Business Development
Ms. Abha Bommireddi Executive Vice President of Portfolio & Program Management

Financials

Income Statement

Metric Amount
Total Revenue 434,433,000
Cost Of Revenue
Gross Profit
Operating Income 252,843,000
Net Income 275,188,000

Balance Sheet

Metric Amount
Total Assets 744,725,000
Total Liabilities
Total Stockholder Equity

Cash Flow

Metric Amount
Total Cash From Operating Activities
Capital Expenditures

SEC Filings (Gemini Summaries)

AccNo Date Summary
0001104659-25-021986 2025-03-10 Protagonist Therapeutics (PTGX) filed an 8-K on March 10, 2025, reporting positive clinical study results for Icotrokinra in plaque psoriasis and ulcerative colitis (UC). Press releases are included as exhibits. An updated corporate presentation is on their website.
0001104659-25-021045 2025-03-05 Form 4 filing by Dinesh V Patel, President & CEO of Protagonist Therapeutics (PTGX), regarding changes in beneficial ownership of securities. Earliest transaction date: 03/05/2025.
0001104659-25-019516 2025-03-03 Protagonist Therapeutics (PTGX) filed an 8-K on March 3, 2025, announcing positive topline results from the Phase 3 VERIFY study of rusfertide for polycythemia vera. A press release and conference call/webcast presentation are included as exhibits.
0001104659-25-016166 2025-02-21 Protagonist Therapeutics files S-8 to register shares for the 2016 Equity Incentive Plan (2,441,405 shares, $14,341.90 fee) and the 2016 Employee Stock Purchase Plan (300,000 shares, $1,762.33 fee). Total net fee due is $16,104.23. Evergreen provisions increase share availability.
0001558370-25-001317 2025-02-21 Protagonist Therapeutics SEC filing (Dec 31, 2024) covers financial reporting elements like revenue recognition, R&D, stock offerings (public & at-market), common stock, paid-in capital, retained earnings, and stock-based compensation plans (equity incentive, employee stock purchase, etc.) from 2016-2024.

News Summary

Protagonist Therapeutics, Inc. (PTGX): A Cheap Biotech Stock to Invest In Now
2025-02-12 12:51:30 | Yahoo Entertainment
We recently compiled a list of the 10 Cheap Biotech Stocks to Invest in Now. In this article, we are going to take a look at where Protagonist Therapeutics, …
Link

What is HC Wainwright’s Estimate for PTGX Q1 Earnings?
2025-02-27 06:10:57 | ETF Daily News
Protagonist Therapeutics, Inc. (NASDAQ:PTGX – Free Report) – Investment analysts at HC Wainwright lifted their Q1 2025 earnings per share estimates for Protagonist Therapeutics in a report released on Monday, February 24th. HC Wainwright analyst D. Tsao now a…
Link

JMP Securities Reiterates “Market Outperform” Rating for Protagonist Therapeutics (NASDAQ:PTGX)
2025-02-10 17:04:47 | ETF Daily News
JMP Securities reiterated their market outperform rating on shares of Protagonist Therapeutics (NASDAQ:PTGX – Free Report) in a research report report published on Friday,Benzinga reports. They currently have a $58.00 price target on the stock. PTGX has been …
Link

Protagonist Therapeutics, Inc. (NASDAQ:PTGX) Shares Bought by KBC Group NV
2025-02-10 18:30:59 | ETF Daily News
KBC Group NV increased its position in Protagonist Therapeutics, Inc. (NASDAQ:PTGX – Free Report) by 54.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,093 shares of the company’s stock at the end of the fourth quarter.
Link

Protagonist Therapeutics, Inc. (NASDAQ:PTGX) Shares Sold by New York State Common Retirement Fund
2025-03-04 08:34:48 | ETF Daily News
New York State Common Retirement Fund cut its stake in shares of Protagonist Therapeutics, Inc. (NASDAQ:PTGX – Free Report) by 11.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 17,882 shares of th…
Link



Analysis of Today’s Rally

Protagonist Therapeutics (PTGX) experienced a notable stock rally today. This surge appears directly correlated with recent positive developments. The key driver seems to be the promising clinical trial results. These results have boosted investor confidence significantly.

The March 10th 8-K filing details positive data for Icotrokinra. The studies focused on both plaque psoriasis and ulcerative colitis. This strengthens the potential market for this drug candidate. This news follows the March 3rd announcement of positive Phase 3 results.

The Phase 3 VERIFY study highlights the effectiveness of rusfertide. This study targeted patients with polycythemia vera. These successful clinical trials significantly de-risk the company. This makes Protagonist Therapeutics more attractive to investors.

Analyst upgrades likely contributed to the rally as well. HC Wainwright increased their Q1 earnings per share estimates. JMP Securities reiterated their “Market Outperform” rating. These positive ratings reinforce the bullish sentiment.

While the New York State Common Retirement Fund reduced its holdings, the KBC Group NV increased its stake. The increased position likely signals further institutional confidence. Overall, the combination of positive clinical data and analyst support fueled the rally. This created significant positive momentum for PTGX today.


This stock has shown a change of 11.72% today.
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none of the content here should be construed as financial advice.
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The information provided in this article is for informational purposes only
and does not constitute legal, tax, or investment advice.
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