Insider Selling: Athersys COO Unloads 12,000 Shares of Stock (ATHX)
Athersys (NASDAQ:ATHX) COO William Lehmann, Jr. sold 12,000 shares of the stock on the open market in a transaction dated Friday, September 20th. The shares were sold at an average price of $1.83, for a total transaction of $21,960.00. Following the completion of the transaction, the chief operating officer now directly owns 552,836 shares in the company. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Athersys (NASDAQ:ATHX) traded down 2.17% on Friday, hitting $1.80. 483,263 shares of the company’s stock traded hands. Athersys has a 52 week low of $0.95 and a 52 week high of $2.42. The stock’s 50-day moving average is $1.74 and its 200-day moving average is $1.74. The company’s market cap is $102.6 million.
Athersys (NASDAQ:ATHX) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.01. The company had revenue of $0.57 million for the quarter, compared to the consensus estimate of $390.00 million. Analysts expect that Athersys will post $-0.48 EPS for the current fiscal year.
Athersys, Inc is a biopharmaceutical company engaged in the discovery and development of therapeutic product candidates designed to extend and improve the quality of human life.
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