SaverOne 2014 (NASDAQ:SVRE) Director Visionwave Holdings, Inc. Buys 26,265,600 Shares

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Director Visionwave Holdings, Inc. purchased 26,265,600 shares of the company’s stock in a transaction dated Monday, March 30th. The stock was purchased at an average cost of $3.00 per share, for a total transaction of $78,796,800.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Visionwave Holdings, Inc. also recently made the following trade(s):

• On Friday, March 27th, Visionwave Holdings, Inc. acquired 81,734,400 shares of SaverOne 2014 stock. The stock was purchased at an average price of $3.00 per share, with a total value of $245,203,200.00.
• On Wednesday, March 25th, Visionwave Holdings, Inc. bought 31,838,400 shares of SaverOne 2014 stock. The stock was purchased at an average price of $3.00 per share, for a total transaction of $95,515,200.00.
• On Monday, March 23rd, Visionwave Holdings, Inc. bought 221,961,600 shares of SaverOne 2014 stock. The stock was purchased at an average price of $3.00 per share, for a total transaction of $665,884,800.00.
• On Wednesday, March 11th, Visionwave Holdings, Inc. bought 260,884,800 shares of SaverOne 2014 stock. The shares were purchased at an average cost of $2.64 per share, with a total value of $688,735,872.00.
• On Thursday, March 12th, Visionwave Holdings, Inc. purchased 86,875,200 shares of SaverOne 2014 stock. The shares were purchased at an average price of $2.65 per share, with a total value of $230,219,280.00.

SaverOne 2014 Stock Up 12.1%

SVRE stock traded up $0.38 during mid-day trading on Thursday, reaching $3.52. 79,563 shares of the stock traded hands, compared to its average volume of 256,753. The business has a 50-day moving average of $3.20 and a two-hundred day moving average of $13.52. SaverOne 2014 Ltd. Sponsored ADR has a 52 week low of $2.20 and a 52 week high of $143.28.

SaverOne 2014 (NASDAQ:SVRE) last posted its quarterly earnings data on Monday, March 30th. The company reported ($51.79) earnings per share for the quarter, missing the consensus estimate of ($45.99) by ($5.80). The company had revenue of $0.05 million during the quarter, compared to analyst estimates of $1.84 million. As a group, equities research analysts anticipate that SaverOne 2014 Ltd. Sponsored ADR will post -4.47 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of SaverOne 2014 in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce”.

About SaverOne 2014

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users. The company was incorporated in 2014 and is headquartered in Petah Tikva, Israel.