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XenoPort (NASDAQ:XNPT) Director Cathy Friedman bought 2,600 shares of the stock in a transaction dated Tuesday, May 27th. The stock was purchased at an average cost of $3.92 per share, with a total value of $10,192.00. Following the purchase, the director now directly owns 12,300 shares of the company’s stock, valued at approximately $48,216. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of XenoPort (NASDAQ:XNPT) traded up 8.02% during mid-day trading on Tuesday, hitting $4.04. The stock had a trading volume of 630,511 shares. XenoPort has a one year low of $3.15 and a one year high of $7.20. The stock’s 50-day moving average is $3.98 and its 200-day moving average is $5.26. The company’s market cap is $250.0 million.

XenoPort (NASDAQ:XNPT) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.32) by $0.04. The company had revenue of $3.40 million for the quarter, compared to the consensus estimate of $3.86 million. During the same quarter in the previous year, the company posted ($0.50) earnings per share. The company’s revenue for the quarter was up 639.1% on a year-over-year basis. On average, analysts predict that XenoPort will post $-1.46 earnings per share for the current fiscal year.

XNPT has been the subject of a number of recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of XenoPort in a research note on Thursday, May 15th. They now have a $6.00 price target on the stock. Separately, analysts at RBC Capital cut their price target on shares of XenoPort from $12.00 to $10.00 in a research note on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. XenoPort currently has an average rating of “Hold” and an average price target of $6.22.

XenoPort, Inc is a biopharmaceutical company focused on developing and commercializing a portfolio of internally for the treatment of neurological disorders.

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