Pacira BioSciencesPCRX
About: Pacira BioSciences Inc is a provider of non-opioid pain management and regenerative health solutions dedicated to advancing and improving outcomes for healthcare practitioners and their patients. The company has three commercialized non-opioid treatments: EXPAREL a long-acting, local analgesic currently approved for postsurgical pain management; ZILRETTA, an extended-release, intra-articular, corticosteroid injection indicated for the management of osteoarthritis; iovera, a novel, handheld device for delivering immediate, long-acting, drug-free pain control using precise, controlled doses of cold temperature to a targeted nerve.
Employees: 712
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
26% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 68
17% more call options, than puts
Call options by funds: $6.72M | Put options by funds: $5.74M
2.07% less ownership
Funds ownership: 112.65% [Q2] → 110.58% (-2.07%) [Q3]
15% less funds holding
Funds holding: 277 [Q2] → 236 (-41) [Q3]
46% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 90
49% less capital invested
Capital invested by funds: $1.5B [Q2] → $768M (-$732M) [Q3]
75% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 1 (-3) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
HC Wainwright & Co. Oren Livnat 44% 1-year accuracy 16 / 36 met price target | 103%upside $39 | Buy Reiterated | 4 Dec 2024 |
Barclays Balaji Prasad 47% 1-year accuracy 16 / 34 met price target | 12%downside $17 | Equal-Weight Maintained | 12 Nov 2024 |
Needham Serge Belanger 47% 1-year accuracy 55 / 118 met price target | 14%upside $22 | Buy Reiterated | 8 Nov 2024 |
RBC Capital Gregory Renza 48% 1-year accuracy 31 / 65 met price target | 17%downside $16 | Sector Perform Maintained | 7 Nov 2024 |
RBC Capital Gregory Renza 48% 1-year accuracy 31 / 65 met price target | 22%downside $15 | Sector Perform Maintained | 4 Oct 2024 |
Financial journalist opinion
Based on 16 articles about PCRX published over the past 30 days