Insider Selling: Timothy W. Trost Unloads 5,000 Shares of Chimerix Stock (CMRX)
Chimerix (NASDAQ:CMRX) CFO Timothy W. Trost sold 5,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $18.26, for a total transaction of $91,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Piper Jaffray initiated coverage on shares of Chimerix in a research note to investors on Tuesday, November 26th. They set an “overweight” rating and a $33.00 price target on the stock. Five investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus target price of $257.75.
Chimerix (NASDAQ:CMRX) traded up 3.25% during mid-day trading on Tuesday, hitting $18.75. The stock had a trading volume of 138,097 shares. Chimerix has a 52 week low of $12.96 and a 52 week high of $27.00. The stock has a 50-day moving average of $16.28 and a 200-day moving average of $17.78. The company’s market cap is $495.4 million.
Chimerix (NASDAQ:CMRX) last released its earnings data on Thursday, November 14th. The company reported ($0.26) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.38) by $0.12. Analysts expect that Chimerix will post $-2.57 EPS for the current fiscal year.
Chimerix, Inc is a biopharmaceutical company committed to the discovery, development and commercialization of novel, oral antiviral therapeutics that are designed to transform patient care in areas of high unmet medical need.
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