<div id="readability-page-1"><p>Day One Biopharmaceuticals, Inc. (NASDAQ:DAWN - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $21.49 and last traded at $21.4850, with a volume of 66811 shares. The stock had previously closed at $21.47.</p><h2>Analyst Upgrades and Downgrades</h2><p>A number of research firms have issued reports on DAWN. TD Cowen lowered shares of Day One Biopharmaceuticals from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Friday, March 6th. Zacks Research lowered shares of Day One Biopharmaceuticals from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report on Wednesday, February 25th. Oppenheimer  reiterated a &#34;market perform&#34; rating on shares of Day One Biopharmaceuticals in a report on Friday, March 6th. Needham &amp; Company LLC lowered shares of Day One Biopharmaceuticals from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Friday, March 6th. Finally, HC Wainwright  reiterated a &#34;neutral&#34; rating and set a $21.50 target price (down from $22.00) on shares of Day One Biopharmaceuticals in a report on Tuesday, March 10th. One investment analyst  has rated the stock with a Buy rating, eight have issued  a Hold rating and one  has issued  a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of &#34;Hold&#34; and a consensus target price of $23.29.</p><p><b>View Our Latest Analysis on DAWN</b></p><h2>Day One Biopharmaceuticals Stock Performance</h2><p>The stock's 50-day simple moving average is $17.61 and its 200 day simple moving average is $12.08. The company has a market capitalization of $2.22 billion, a PE ratio of -20.86 and a beta of -1.74. </p><p>Day One Biopharmaceuticals (NASDAQ:DAWN - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The company reported ($0.21) EPS for the quarter, missing analysts' consensus estimates of ($0.17) by ($0.04). The firm had revenue of $53.72 million during the quarter, compared to analysts' expectations of $49.81 million. Day One Biopharmaceuticals had a negative net margin of 67.85% and a negative return on equity of 23.43%.  On average, analysts expect that  Day One Biopharmaceuticals, Inc. will post -0.72 earnings per share for the current year. </p><h2>Insider Transactions at Day One Biopharmaceuticals</h2><p>In related news, insider Lauren Merendino sold 5,814 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $11.60, for a total value of $67,442.40. Following the transaction, the insider directly owned 60,157 shares of the company's stock, valued at $697,821.20. This trade represents a 8.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Adam Dubow sold 6,395 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $11.60, for a total transaction of $74,182.00. Following the completion of the transaction, the insider directly owned 72,694 shares in the company, valued at $843,250.40. This trade represents a 8.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 36,461 shares of company stock worth $422,948. Insiders own  6.20% of the company's stock. </p><h2>Institutional Trading of Day One Biopharmaceuticals</h2><p>Large investors have recently bought and sold shares of the business. Federated Hermes Inc. acquired a new stake in  Day One Biopharmaceuticals during the 3rd quarter worth $39,000.  Mirae Asset Global Investments Co. Ltd. boosted its stake in  Day One Biopharmaceuticals by 26.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,989 shares of the company's stock worth $46,000 after purchasing an additional 1,029 shares during the period.  Quarry LP acquired a new stake in  Day One Biopharmaceuticals during the 3rd quarter worth $49,000.  Prudential Financial Inc. acquired a new stake in  Day One Biopharmaceuticals during the 2nd quarter worth $69,000.  Finally, CWM LLC boosted its stake in  Day One Biopharmaceuticals by 32.4% during the 4th quarter. CWM LLC now owns 8,373 shares of the company's stock worth $78,000 after purchasing an additional 2,051 shares during the period. Institutional investors and hedge funds own  87.95% of the company's stock. </p><h2>About Day One Biopharmaceuticals</h2> (Get Free Report)<p>Day One Biopharmaceuticals, Inc <span>NASDAQ: DAWN<span></span></span> is a clinical-stage biopharmaceutical company focused on the discovery and development of targeted therapies for oncology. The company employs a precision medicine approach, leveraging biomarker-driven strategies to identify patient populations most likely to respond to its investigational compounds. By concentrating on well-validated molecular drivers of cancer, Day One seeks to deliver first-in-class or best-in-class therapies with the potential for meaningful clinical benefit.  </p><p>The company's pipeline includes several small-molecule candidates in various stages of development.</p><h2>See Also</h2><ul><li>Five stocks we like better than Day One Biopharmaceuticals</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 reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Day One Biopharmaceuticals Right Now?</h2><p>Before you consider Day One Biopharmaceuticals, 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 Day One Biopharmaceuticals wasn't on the list.</p><p>While Day One Biopharmaceuticals 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>

DAWN

<p>Day One Biopharmaceuticals (NASDAQ:DAWN) reached a new 52-week high of $21.49 during trading. The stock closed at $21.4850 with a volume of 66,811 shares. Analysts have downgraded the stock from 'buy' to 'hold', with a consensus target price of $23.29. The company reported a quarterly EPS of ($0.21), missing estimates, but revenue was $53.72 million, exceeding expectations. Insiders have sold shares recently, and institutional investors own 87.95% of the stock. Day One focuses on targeted oncology therapies and has several candidates in development.</p>

Day One Biopharmaceuticals (NASDAQ:DAWN) Hits New 1-Year High - What's Next?