POZEN CFO Sells $86,120 in Stock (POZN)
POZEN (NASDAQ:POZN) CFO William L. Hodges sold 9,516 shares of the company’s stock in a transaction that occurred on Thursday, June 19th. The shares were sold at an average price of $9.05, for a total transaction of $86,119.80. Following the sale, the chief financial officer now directly owns 66,461 shares of the company’s stock, valued at approximately $601,472. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
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 assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $9.92.
POZEN (NASDAQ:POZN) traded up 0.22% during mid-day trading on Friday, hitting $9.05. 385,683 shares of the company’s stock traded hands. POZEN has a 1-year low of $4.78 and a 1-year high of $9.90. The stock’s 50-day moving average is $8.64 and its 200-day moving average is $8.48. The company’s market cap is $279.2 million.
POZEN (NASDAQ:POZN) 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 ($0.04) 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. Analysts expect that POZEN will post $0.58 EPS for the current fiscal year.
POZEN Inc (NASDAQ:POZN), is a pharmaceutical company focused on transforming medicine.
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