Senzar Asset Management buys $15,957,212 stake in Enanta Pharmaceuticals Inc (ENTA)

Enanta Pharmaceuticals Inc (ENTA) : Senzar Asset Management scooped up 24,900 additional shares in Enanta Pharmaceuticals Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 506,900 shares of Enanta Pharmaceuticals Inc which is valued at $15,957,212.Enanta Pharmaceuticals Inc makes up approximately 4.13% of Senzar Asset Management’s portfolio.

Other Hedge Funds, Including , Checchi Capital Advisers sold out all of its stake in ENTA during the most recent quarter. The investment firm sold 7 shares of ENTA which is valued $183.Acrospire Investment Management boosted its stake in ENTA in the latest quarter, The investment management firm added 1,100 additional shares and now holds a total of 2,100 shares of Enanta Pharmaceuticals Inc which is valued at $54,978. Enanta Pharmaceuticals Inc makes up approx 0.04% of Acrospire Investment Management’s portfolio. Globeflex Capital L P added ENTA to its portfolio by purchasing 40 company shares during the most recent quarter which is valued at $1,010.Texas Permanent School Fund boosted its stake in ENTA in the latest quarter, The investment management firm added 439 additional shares and now holds a total of 10,586 shares of Enanta Pharmaceuticals Inc which is valued at $253,323.

Enanta Pharmaceuticals Inc closed down -1.01 points or -3.26% at $30 with 2,82,370 shares getting traded on Monday. Post opening the session at $31.12, the shares hit an intraday low of $29.86 and an intraday high of $31.17 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Enanta Pharmaceuticals Inc reported $-0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 8, 2016. Analyst had a consensus of $-0.09. The company had revenue of $14.00 million for the quarter, compared to analysts expectations of $13.95 million. The company’s revenue was up 20.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS.

Enanta Pharmaceuticals Inc. is a research and development-focused biotechnology company. The Company uses chemistry-driven approach and drug discovery solutions to create molecule drugs primarily for the treatment of viral infections and liver diseases. The Company is engaged in discovering and developing inhibitors designed for use against the hepatitis C virus (HCV) as well as compounds for non-alcoholic steatohepatitis (NASH) and primary biliary cirrhosis (PBC). The Company is involved in a program to develop nucleotide inhibitors to HCV NS5B polymerase. In its NASH program the Company is developing agonists of the farnesoid X receptor or FXR that are designed to bind to that receptor and then trigger a response from it. The Company is also engaged in a program in PBC another disease of the liver that can result in liver damage liver failure or hepatocellular carcinoma. Its pipeline of products includes Paritaprevir ABT-493 EDP-239 ABT-494 and EDP-494.

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