Codexis Director Patrick Y. Yang Buys 60,000 Shares (CDXS)
Codexis (NASDAQ:CDXS) Director Patrick Y. Yang bought 60,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were purchased at an average cost of $2.22 per share, with a total value of $133,200.00. Following the transaction, the director now directly owns 189,515 shares in the company, valued at approximately $420,723. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Codexis (NASDAQ:CDXS) remained flat at $2.12 during trading on Thursday. The stock had a trading volume of 81,365 shares. Codexis has a 52 week low of $1.24 and a 52 week high of $2.65. The stock’s 50-day moving average is $1.82 and its 200-day moving average is $1.75. The company’s market cap is $82.4 million.
Codexis (NASDAQ:CDXS) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.22) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.15) by $0.07. The company had revenue of $6.60 million for the quarter, compared to the consensus estimate of $8.50 million. During the same quarter last year, the company posted ($0.33) earnings per share. Codexis’s revenue was down 5.7% compared to the same quarter last year. On average, analysts predict that Codexis will post $-0.36 earnings per share for the current fiscal year.
Codexis, Inc provides biocatalyst and fermentation processes and products. The Company provides its customers research and development services, biocatalysts and fermentation strains, synthetic and natural products.
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