Fluidigm CEO Unloads $178,320 in Stock (FLDM)
Fluidigm (NASDAQ:FLDM) CEO Gajus Vincent Worthington sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $29.72, for a total value of $178,320.00. Following the completion of the transaction, the chief executive officer now directly owns 1,352 shares of the company’s stock, valued at approximately $40,181. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Piper Jaffray reiterated an “overweight” rating on shares of Fluidigm in a research note on Tuesday, May 6th. They now have a $50.00 price target on the stock, down previously from $51.00. Separately, analysts at Maxim Group cut their price target on shares of Fluidigm from $65.00 to $52.00 in a research note on Tuesday, May 6th. They now have a “buy” rating on the stock. Finally, analysts at Leerink Swann cut their price target on shares of Fluidigm from $52.00 to $48.00 in a research note on Tuesday, May 6th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $44.76.
Shares of Fluidigm (NASDAQ:FLDM) traded up 1.17% on Thursday, hitting $31.16. The stock had a trading volume of 151,517 shares. Fluidigm has a 52-week low of $16.16 and a 52-week high of $49.46. The stock’s 50-day moving average is $28.3 and its 200-day moving average is $37.66. The company’s market cap is $874.3 million.
Fluidigm (NASDAQ:FLDM) last released its earnings data on Monday, May 5th. The company reported ($0.57) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by $0.26. The company had revenue of $25.70 million for the quarter, compared to the consensus estimate of $22.91 million. The company’s revenue for the quarter was up 77.2% on a year-over-year basis. On average, analysts predict that Fluidigm will post $-1.71 earnings per share for the current fiscal year.
Fluidigm Corporation (NASDAQ:FLDM) develops, manufactures and markets microfluidic systems such as single-cell genomics, applied genotyping and sample preparation for targeted resequencing, in the life science and agricultural biotechnology, or Ag-Bio, industries.
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