Insider Buying: ADMA Biologics CEO Adam S. Grossman Buys 2,100 Shares (ADMA)
ADMA Biologics (NASDAQ:ADMA) CEO Adam S. Grossman bought 2,100 shares of the company’s stock on the open market in a transaction that occurred on Thursday, August 14th. The stock was purchased at an average cost of $9.77 per share, for a total transaction of $20,517.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Maxim Group reiterated a “buy” rating on shares of ADMA Biologics in a research note on Friday, July 11th. They now have a $15.00 price target on the stock.
Shares of ADMA Biologics (NASDAQ:ADMA) traded up 0.51% during mid-day trading on Friday, hitting $9.80. 3,620 shares of the company’s stock traded hands. ADMA Biologics has a 52-week low of $6.52 and a 52-week high of $10.75. The stock’s 50-day moving average is $9.96 and its 200-day moving average is $8.81. The company’s market cap is $91.1 million.
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