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BioLife Solutions (NASDAQ:BLFS) Chairman Raymond W. Cohen acquired 1,250 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 8th. The shares were purchased at an average price of $2.48 per share, with a total value of $3,100.00. Following the acquisition, the chairman now directly owns 8,466 shares in the company, valued at approximately $20,996. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

BLFS has been the subject of a number of recent research reports. Analysts at Zacks reiterated an “outperform” rating on shares of BioLife Solutions in a research note on Friday. They now have a $7.50 price target on the stock. Analysts at Ladenburg Thalmann initiated coverage on shares of BioLife Solutions in a research note on Wednesday, July 23rd. They set a “buy” rating on the stock.

Shares of BioLife Solutions (NASDAQ:BLFS) traded down 5.73% during mid-day trading on Friday, hitting $2.47. 120,095 shares of the company’s stock traded hands. BioLife Solutions has a 1-year low of $1.75 and a 1-year high of $23.94. The stock’s 50-day moving average is $2.42 and its 200-day moving average is $3.93. The company’s market cap is $29.7 million.

BioLife Solutions, Inc (NASDAQ:BLFS) is a life sciences tools provider.

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