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Athersys (NASDAQ:ATHX) COO William Lehmann, Jr. unloaded 12,000 shares of the stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $1.58, for a total transaction of $18,960.00. Following the transaction, the chief operating officer now directly owns 500,342 shares in the company, valued at approximately $790,540. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Athersys (NASDAQ:ATHX) traded down 0.62% during mid-day trading on Friday, hitting $1.60. 451,028 shares of the company’s stock traded hands. Athersys has a one year low of $1.08 and a one year high of $4.33. The stock’s 50-day moving average is $1.58 and its 200-day moving average is $2.77. The company’s market cap is $123.3 million.

Athersys (NASDAQ:ATHX) last released its earnings data on Thursday, May 8th. The company reported ($0.09) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.10) by $0.01. The company had revenue of $0.71 million for the quarter, compared to the consensus estimate of $0.66 million. The company’s quarterly revenue was up 116.9% on a year-over-year basis. Analysts expect that Athersys will post $-0.40 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Edison Investment Research reiterated a “neutral” rating on shares of Athersys in a research note on Tuesday, May 6th. Analysts at First Analysis initiated coverage on shares of Athersys in a research note on Tuesday, April 29th. They set an “overweight” rating and a $5.00 price target on the stock.

Athersys, Inc is a biopharmaceutical company engaged in the discovery and development of therapeutic product candidates designed to extend and improve the quality of human life.

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