AxoGen CEO Purchases $12,150 in Stock (AXGN)
AxoGen (NASDAQ:AXGN) CEO Karen L. Zaderej purchased 5,000 shares of the stock on the open market in a transaction dated Tuesday, June 3rd. The shares were purchased at an average cost of $2.43 per share, with a total value of $12,150.00. Following the completion of the purchase, the chief executive officer now directly owns 334,056 shares of the company’s stock, valued at approximately $811,756. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of AxoGen (NASDAQ:AXGN) traded up 5.53% on Wednesday, hitting $2.48. The stock had a trading volume of 34,670 shares. AxoGen has a 1-year low of $2.21 and a 1-year high of $5.20. The stock’s 50-day moving average is $2.63 and its 200-day moving average is $3.53. The company’s market cap is $43.3 million.
AxoGen (NASDAQ:AXGN) last posted its quarterly earnings results on Wednesday, April 30th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by $0.01. Analysts expect that AxoGen will post $-0.90 EPS for the current fiscal year.
Separately, analysts at Dawson James initiated coverage on shares of AxoGen in a research note on Wednesday, May 14th. They set a “buy” rating and a $5.00 price target on the stock.
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