AxoGen CFO Gregory Gene Freitag Acquires 5,200 Shares (AXGN)
AxoGen (NASDAQ:AXGN) CFO Gregory Gene Freitag bought 5,200 shares of AxoGen stock on the open market in a transaction that occurred on Tuesday, June 3rd. The shares were purchased at an average price of $2.45 per share, with a total value of $12,740.00. Following the purchase, the chief financial officer now directly owns 29,518 shares of the company’s stock, valued at approximately $72,319. The acquisition was disclosed in a legal 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. 34,670 shares of the company’s stock traded hands. AxoGen has a one year low of $2.21 and a one 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 released its earnings data on Wednesday, April 30th. The company reported ($0.24) EPS for the quarter, missing the Thomson Reuters 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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