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pSivida Corp (NASDAQ:PSDV) CEO Paul Ashton sold 10,000 shares of the company’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $4.37, for a total transaction of $43,700.00. Following the completion of the transaction, the chief executive officer now directly owns 440,741 shares of the company’s stock, valued at approximately $1,926,038. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

pSivida Corp (NASDAQ:PSDV) traded down 1.14% during mid-day trading on Monday, hitting $4.33. 38,680 shares of the company’s stock traded hands. pSivida Corp has a 52 week low of $2.28 and a 52 week high of $5.60. The stock has a 50-day moving average of $4. and a 200-day moving average of $4.14. The company’s market cap is $126.7 million.

pSivida Corp (NASDAQ:PSDV) last posted its quarterly earnings results on Tuesday, May 13th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.12. The company had revenue of $2.00 million for the quarter, compared to the consensus estimate of $0.55 million. Analysts expect that pSivida Corp will post $-0.69 EPS for the current fiscal year.

pSivida Corp. develops drug delivery products that are administered by implantation, injection or insertion.

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