<div id="readability-page-1"><p>Chimerix, Inc. (NASDAQ:CMRX - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $8.54 and last traded at $8.53, with a volume of 192094 shares. The stock had previously closed at $8.52.</p><h2>Wall Street Analysts Forecast Growth</h2><p>CMRX has been the subject of several analyst reports. Wedbush  reiterated a &#34;neutral&#34; rating and issued a $8.55 target price (up from $7.00) on shares of Chimerix in a research note on Wednesday, March 5th. HC Wainwright  reaffirmed a &#34;neutral&#34; rating and set a $8.55 target price (down previously from $11.00) on shares of Chimerix in a research note on Wednesday, March 5th. StockNews.com began coverage on Chimerix in a research note on Tuesday. They set a &#34;hold&#34; rating on the stock. Finally, Jefferies Financial Group  restated a &#34;hold&#34; rating and set a $8.50 price target (down previously from $10.00) on shares of Chimerix in a report on Wednesday, March 5th.</p><p><b>Check Out Our Latest Research Report on Chimerix</b></p><h2>Chimerix Stock Performance</h2><p>The stock has a market capitalization of $799.68 million, a PE ratio of -9.07 and a beta of -0.17. The business's 50-day moving average is $6.41 and its two-hundred day moving average is $3.45. </p><p>Chimerix (NASDAQ:CMRX - Get Free Report) last issued its quarterly earnings data on Friday, March 21st. The biopharmaceutical company reported ($0.25) earnings per share for the quarter, topping analysts' consensus estimates of ($0.26) by $0.01. The business had revenue of $0.06 million for the quarter, compared to analysts' expectations of $0.31 million.  Equities analysts forecast that  Chimerix, Inc. will post -0.99 EPS for the current year. </p><h2>Insider Transactions at Chimerix</h2><p>In other news, CEO Michael T. Andriole sold 7,370 shares of the company's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $4.52, for a total value of $33,312.40. Following the completion of the transaction, the chief executive officer now directly owns 609,603 shares in the company, valued at approximately $2,755,405.56. This represents a 1.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this link. Insiders have sold a total of 20,760 shares of company stock worth $91,175 in the last three months. 13.10% of the stock is currently owned by company insiders. </p><h2>Institutional Trading of Chimerix</h2><p>A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Assenagon Asset Management S.A. boosted its holdings in  Chimerix by 154.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 817,739 shares of the biopharmaceutical company's stock worth $2,846,000 after buying an additional 496,823 shares in the last quarter.  Charles Schwab Investment Management Inc. acquired a new position in shares of  Chimerix during the 4th quarter worth $183,000.  Rosalind Advisors Inc. bought a new position in shares of  Chimerix in the fourth quarter valued at approximately $10,614,000.  Palumbo Wealth Management LLC bought a new stake in  Chimerix during the fourth quarter valued at about $221,000.  Finally, Valeo Financial Advisors LLC grew its stake in shares of  Chimerix by 78.8% in the fourth quarter. Valeo Financial Advisors LLC now owns 146,186 shares of the biopharmaceutical company's stock worth $509,000 after acquiring an additional 64,420 shares during the last quarter. 45.42% of the stock is currently owned by institutional investors and hedge funds. </p><h2>About Chimerix</h2> (Get Free Report)<p>Chimerix, Inc, a biopharmaceutical company, develops medicines to improve and extend the lives of patients facing deadly diseases. Its pipeline products include ONC201 a program that is in Phase 3 clinical trial for treating patients with H3 K27M-mutant diffuse glioma, as well as in Phase 2 clinical trial for the treatment of rare neuroendocrine tumors; and ONC206, an imipridone, Dopamine Receptor D2 (DRD2) antagonist, and caseinolytic protease P (ClpP) agonist, which is in Phase 1 clinical trial for adult and pediatric patients with primary central nervous system tumors.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Chimerix</li><li>How to Profit From Value Investing </li><li>Tariff-Proof Stocks: 3 Big Bargains With Huge Upside Potential</li><li>Profitably Trade Stocks at 52-Week Highs</li><li>Qualcomm Breaks Down But RSI Signals It’s Severely Oversold</li><li>Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index</li><li>Tesla’s #1 Bull Cuts Target But Says It’s Still a Buy</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Chimerix Right Now?</h2><p>Before you consider Chimerix, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Chimerix wasn't on the list.</p><p>While Chimerix currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CMRX

<p>Chimerix (NASDAQ:CMRX) Reaches New 12-Month High - Here's Why</p>

Chimerix (NASDAQ:CMRX) Sets New 52-Week High - Should You Buy?