Insider Selling: Peter D. Flynn Sells 6,488 Shares of Fate Therapeutics Stock (FATE)
Fate Therapeutics (NASDAQ:FATE) Insider Peter D. Flynn unloaded 6,488 shares of Fate Therapeutics stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $7.00, for a total value of $45,416.00. Following the sale, the insider now directly owns 4,039 shares in the company, valued at approximately $28,273. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Fate Therapeutics (NASDAQ:FATE) traded up 0.72% during mid-day trading on Thursday, hitting $6.99. The stock had a trading volume of 22,332 shares. 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 $143.4 million.
Fate Therapeutics (NASDAQ:FATE) last released its earnings data on Tuesday, May 13th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by $0.01. Analysts expect that Fate Therapeutics will post $-1.45 EPS 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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