<div id="readability-page-1"><p><span>Oric Pharmaceuticals (NASDAQ:ORIC - Get Free Report)</span>'s stock had its &#34;outperform&#34; rating restated by analysts at Wedbush in a report issued on Monday,RTT News reports. They presently have a $20.00 price objective on the stock. Wedbush's price target would suggest a potential upside of 49.25% from the company's previous close.</p><p>Other equities analysts have also issued research reports about the company. Guggenheim started coverage on Oric Pharmaceuticals in a report on Thursday, September 4th. They set a &#34;buy&#34; rating and a $18.00 price objective on the stock. Zacks Research upgraded Oric Pharmaceuticals to a &#34;hold&#34; rating in a research note on Tuesday, August 12th. JPMorgan Chase &amp; Co. cut their price target on Oric Pharmaceuticals from $20.00 to $17.00 and set an &#34;overweight&#34; rating on the stock in a research report on Thursday, August 14th. LADENBURG THALM/SH SH assumed coverage on Oric Pharmaceuticals in a report on Tuesday, July 8th. They issued a &#34;buy&#34; rating and a $15.00 price objective for the company. Finally, Weiss Ratings  reaffirmed a &#34;sell (d-)&#34; rating on shares of Oric Pharmaceuticals in a report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating, one  has issued  a Hold rating and one  has issued  a Sell rating to the company. According to MarketBeat, Oric Pharmaceuticals  has an average rating of &#34;Moderate Buy&#34; and an average target price of $17.29.</p><div><p><span></span><span>Get <strong>Oric Pharmaceuticals</strong> alerts:</span></p></div><p><b>View Our Latest Analysis on ORIC</b></p><h2>Oric Pharmaceuticals Stock Performance</h2><p>ORIC stock traded up $0.30 during midday trading on Monday, reaching $13.40. 1,265,268 shares of the company were exchanged, compared to its average volume of 1,545,989. The company has a market cap of $1.30 billion, a price-to-earnings ratio of -7.09 and a beta of 1.68. Oric Pharmaceuticals has a 1-year low of $3.90 and a 1-year high of $14.93. The stock's 50-day simple moving average is $11.48 and its 200 day simple moving average is $9.40. </p><p>Oric Pharmaceuticals (NASDAQ:ORIC - Get Free Report) last posted its earnings results on Tuesday, August 12th. The company reported ($0.47) EPS for the quarter, missing analysts' consensus estimates of ($0.46) by ($0.01).  On average, research analysts anticipate that  Oric Pharmaceuticals will post -2.17 earnings per share for the current year. </p><h2>Insiders Place Their Bets</h2><p>In other news, CFO Dominic Piscitelli sold 11,000 shares of the firm's stock in a transaction on Monday, October 6th. The shares were sold at an average price of $14.52, for a total value of $159,720.00. Following the completion of the sale, the chief financial officer owned 48,317 shares in the company, valued at approximately $701,562.84. This trade represents a 18.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through this hyperlink. Also, CEO Jacob Chacko sold 125,000 shares of Oric Pharmaceuticals stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $10.80, for a total transaction of $1,350,000.00. Following the completion of the sale, the chief executive officer directly owned 656,419 shares in the company, valued at approximately $7,089,325.20. The trade was a 16.00% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 261,000 shares of company stock worth $3,024,703. 5.55% of the stock is currently owned by insiders. </p><h2>Institutional Investors Weigh In On Oric Pharmaceuticals</h2><p>A number of institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new position in shares of  Oric Pharmaceuticals during the 3rd quarter worth approximately $216,000.  KLP Kapitalforvaltning AS acquired a new position in  Oric Pharmaceuticals during the third quarter worth $85,000.  Squarepoint Ops LLC purchased a new position in  Oric Pharmaceuticals in the second quarter worth $1,084,000.  Tower Research Capital LLC TRC lifted its holdings in  Oric Pharmaceuticals by 1,293.0% in the second quarter. Tower Research Capital LLC TRC now owns 11,757 shares of the company's stock valued at $119,000 after acquiring an additional 10,913 shares during the period.  Finally, Eventide Asset Management LLC acquired a new stake in  Oric Pharmaceuticals in the second quarter valued at $9,657,000. Hedge funds and other institutional investors own  95.05% of the company's stock. </p><h2>About Oric Pharmaceuticals</h2> (Get Free Report)<p>ORIC Pharmaceuticals, Inc, a clinical-stage biopharmaceutical company, engages in the discovery and development of therapies for treatment of cancers in the United States. Its clinical stage product candidates include ORIC-114, a brain penetrant orally bioavailable irreversible inhibitor, currently under Phase 1b study, which is designed to selectively target epidermal growth factor receptor and human epidermal growth factor receptor 2 with high potency towards exon 20 insertion mutations; ORIC-944, an allosteric inhibitor of the polycomb repressive complex 2 for prostate cancer, currently under Phase 1b study; and ORIC-533, an orally bioavailable small molecule inhibitor of CD73, currently under Phase 1b study, being developed for resistance to chemotherapy- and immunotherapy-based treatment regimens.</p><h2>See Also</h2><ul><li>Five stocks we like better than Oric Pharmaceuticals</li><li>How to Calculate Inflation Rate</li><li>Growth Picks: 3 Low-Cost Stocks That Could Double in Value</li><li>Why Invest in 5G? How to Invest in 5G Stocks  </li><li>Are These 3 Beaten-Down Stocks Ready to Rebound?</li><li>Technology Stocks Explained: Here's What to Know About Tech</li><li>Does the Trump-Induced Quantum Stock Rally Have Legs?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9T1JJQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9T1JJQw"/></p><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 Oric Pharmaceuticals Right Now?</h2><p>Before you consider Oric Pharmaceuticals, 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 Oric Pharmaceuticals wasn't on the list.</p><p>While Oric Pharmaceuticals currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ORIC

<p>Wedbush has reiterated an "outperform" rating for Oric Pharmaceuticals (NASDAQ:ORIC) with a target price of $20.00, suggesting a potential upside of 49.25%. Other analysts have varying ratings, with an average target price of $17.29. The stock traded at $13.40, with a market cap of $1.30 billion. Recent insider sales include CFO Dominic Piscitelli and CEO Jacob Chacko, who sold shares, indicating a decrease in their positions. Institutional investors hold 95.05% of the stock, reflecting strong interest in the company.</p>

Wedbush Reiterates "Outperform" Rating for Oric Pharmaceuticals (NASDAQ:ORIC)