Insider Selling: Brian Bernick Sells 31,250 Shares of TherapeuticsMD Stock (TXMD)
TherapeuticsMD (NASDAQ:TXMD) Director Brian Bernick sold 31,250 shares of the stock on the open market in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $5.13, for a total value of $160,312.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
TherapeuticsMD (NASDAQ:TXMD) traded up 3.35% during mid-day trading on Wednesday, hitting $5.25. 470,498 shares of the company’s stock traded hands. TherapeuticsMD has a 1-year low of $1.65 and a 1-year high of $5.50. The stock has a 50-day moving average of $4.80 and a 200-day moving average of $3.45. The company’s market cap is $761.1 million.
TXMD has been the subject of a number of recent research reports. Analysts at Cowen and Company initiated coverage on shares of TherapeuticsMD in a research note to investors on Wednesday. They set an “outperform” rating on the stock. Analysts at Stifel Nicolaus initiated coverage on shares of TherapeuticsMD in a research note to investors on Friday, November 1st. They set a “buy” rating and a $8.00 price target on the stock.
TherapeuticsMD, Inc promotes, distributes and sells certain products developed and sold by Spectrum Health Network, Inc (NASDAQ:TXMD) relative to its digital media network.
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