Codexis Director Acquires $133,200 in Stock (CDXS)
Codexis (NASDAQ:CDXS) Director Patrick Y. Yang acquired 60,000 shares of Codexis stock in a transaction that occurred on Tuesday, August 12th. The stock was purchased at an average cost of $2.22 per share, with a total value of $133,200.00. Following the completion of the purchase, the director now directly owns 189,515 shares in the company, valued at approximately $420,723. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Codexis (NASDAQ:CDXS) opened at 2.36 on Monday. 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 $1.8 and its 200-day moving average is $1.76. The company’s market cap is $92.4 million.
Codexis (NASDAQ:CDXS) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.22) EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted ($0.33) earnings per share. The company’s quarterly revenue was down 5.7% on a year-over-year basis. 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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