Organovo Holdings EVP Sharon Collins Presnell Unloads 75,000 Shares (ONVO)
Organovo Holdings (NASDAQ:ONVO) EVP Sharon Collins Presnell unloaded 75,000 shares of Organovo Holdings stock on the open market in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $5.64, for a total value of $423,000.00. Following the transaction, the executive vice president now directly owns 74,064 shares in the company, valued at approximately $417,721. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Organovo Holdings (NASDAQ:ONVO) traded up 0.36% on Friday, hitting $5.55. The stock had a trading volume of 883,024 shares. Organovo Holdings has a one year low of $1.80 and a one year high of $8.50. The stock’s 50-day moving average is $5.7 and its 200-day moving average is $4.79. The company has a market cap of $424.6 million and a P/E ratio of 36.62.
Organovo Holdings (NASDAQ:ONVO) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.06) EPS for the quarter. The company had revenue of $0.11 million for the quarter, compared to the consensus estimate of $0.11 million.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of Organovo Holdings (NASDAQ:ONVO) in a research note to investors on Monday, August 12th. They now have a $5.00 price target on the stock.
Organovo Holdings, Inc (NASDAQ:ONVO), formerly Real Estate Restoration & Rental, Inc, is a development-stage company.
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