Opaleye Management INC Has Boosted Ocular Therapeutix INC (OCUL) Holding by $4.20 Million as Share Price Rose

Ocular Therapeutix, Inc. (NASDAQ:OCUL) Logo

Opaleye Management Inc increased its stake in Ocular Therapeutix Inc (OCUL) by 55.26% based on its latest 2019Q2 regulatory filing with the SEC. Opaleye Management Inc bought 1.05 million shares as the company’s stock rose 24.66% . The hedge fund held 2.95 million shares of the health care company at the end of 2019Q2, valued at $12.98M, up from 1.90 million at the end of the previous reported quarter. Opaleye Management Inc who had been investing in Ocular Therapeutix Inc for a number of months, seems to be bullish on the $210.02 million market cap company. The stock increased 0.23% or $0.01 during the last trading session, reaching $4.45. About 289,408 shares traded. Ocular Therapeutix, Inc. (NASDAQ:OCUL) has declined 14.68% since September 13, 2018 and is downtrending. It has underperformed by 14.68% the S&P500.

Opaleye Management Inc, which manages about $151.96M and $328.09M US Long portfolio, decreased its stake in Axogen Inc (NASDAQ:AXGN) by 200,000 shares to 900,000 shares, valued at $17.82M in 2019Q2, according to the filing.

More notable recent Ocular Therapeutix, Inc. (NASDAQ:OCUL) news were published by: Finance.Yahoo.com which released: “Chevron, Sprint, Ocular Therapeutix, and More: Why These Stocks Are in the Spotlight – Yahoo Finance” on May 20, 2019, also Nasdaq.com with their article: “Options Traders Expect Huge Moves in Ocular Therapeutix (OCUL) Stock – Nasdaq” published on December 04, 2018, Finance.Yahoo.com published: “Does Market Volatility Impact Ocular Therapeutix, Inc.’s (NASDAQ:OCUL) Share Price? – Yahoo Finance” on June 10, 2019. More interesting news about Ocular Therapeutix, Inc. (NASDAQ:OCUL) were released by: Seekingalpha.com and their article: “The Story Around Ocular Therapeutix Brightens – Seeking Alpha” published on February 25, 2019 as well as Finance.Yahoo.com‘s news article titled: “Options Traders Expect Huge Moves in Ocular (OCUL) Stock – Yahoo Finance” with publication date: May 31, 2019.

Ocular Therapeutix, Inc. (NASDAQ:OCUL) Ratings Coverage

Among 2 analysts covering Ocular Therapeutix (NASDAQ:OCUL), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ocular Therapeutix has $9 highest and $9 lowest target. $9’s average target is 102.25% above currents $4.45 stock price. Ocular Therapeutix had 6 analyst reports since April 7, 2019 according to SRatingsIntel. As per Friday, June 21, the company rating was maintained by JMP Securities. H.C. Wainwright maintained it with “Buy” rating and $9 target in Monday, June 24 report.

Ocular Therapeutix, Inc. (NASDAQ:OCUL) Ratings Chart

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