POZEN CFO William L. Hodges Unloads 112,156 Shares (POZN)
POZEN (NASDAQ:POZN) CFO William L. Hodges unloaded 112,156 shares of the stock on the open market in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $9.03, for a total transaction of $1,012,768.68. Following the transaction, the chief financial officer now directly owns 66,461 shares in the company, valued at approximately $600,143. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
POZEN (NASDAQ:POZN) traded up 0.33% on Thursday, hitting $9.00. 79,715 shares of the company’s stock traded hands. POZEN has a one year low of $4.73 and a one year high of $9.90. The stock’s 50-day moving average is $8.60 and its 200-day moving average is $8.46. The company’s market cap is $277.7 million.
POZEN (NASDAQ:POZN) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.09 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.04) by $0.13. The company had revenue of $7.55 million for the quarter, compared to the consensus estimate of $5.50 million. During the same quarter in the prior year, the company posted ($0.19) earnings per share. The company’s quarterly revenue was up 433.5% on a year-over-year basis. On average, analysts predict that POZEN will post $0.58 earnings per share for the current fiscal year.
Separately, analysts at TheStreet upgraded shares of POZEN from a “sell” rating to a “hold” rating in a research note on Monday, May 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $9.92.
POZEN Inc (NASDAQ:POZN), is a pharmaceutical company focused on transforming medicine.
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