Insider Buying: Raymond W. Cohen Purchases 1,250 Shares of BioLife Solutions Stock (BLFS)
BioLife Solutions (NASDAQ:BLFS) Chairman Raymond W. Cohen bought 1,250 shares of the company’s stock in a transaction that occurred on Friday, August 8th. The stock was 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
BioLife Solutions (NASDAQ:BLFS) opened at 2.47 on Friday. BioLife Solutions has a 52 week low of $1.75 and a 52 week 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.
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.
BioLife Solutions, Inc (NASDAQ:BLFS) is a life sciences tools provider.
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