Insider Selling: Fate Therapeutics Insider Sells 3,305 Shares of Stock (FATE)
Fate Therapeutics (NASDAQ:FATE) Insider Peter D. Flynn sold 3,305 shares of the company’s stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $7.00, for a total transaction of $23,135.00. Following the sale, the insider now directly owns 4,039 shares of the company’s stock, valued at approximately $28,273. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Fate Therapeutics (NASDAQ:FATE) traded down 0.86% on Wednesday, hitting $6.94. 12,903 shares of the company’s stock traded hands. Fate Therapeutics has a 52-week low of $4.30 and a 52-week high of $13.55. The stock has a 50-day moving average of $6.82 and a 200-day moving average of $7.27. The company’s market cap is $142.4 million.
Fate Therapeutics (NASDAQ:FATE) last issued its quarterly earnings data on Tuesday, May 13th. The company reported ($0.34) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.33) by $0.01. On average, analysts predict that Fate Therapeutics will post $-1.45 earnings per share for the current fiscal year.
Fate Therapeutics, Inc, is a clinical-stage biopharmaceutical company engaged in the discovery and development of pharmacologic modulators of adult stem cells to treat orphan diseases, including hematologic malignancies, lysosomal storage disorders and muscular dystrophies.
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