Insider Selling: Fred Kurland Sells 10,401 Shares of XOMA Corp Stock (XOMA)
XOMA Corp (NASDAQ:XOMA) CFO Fred Kurland sold 10,401 shares of XOMA Corp stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $4.31, for a total transaction of $44,828.31. Following the sale, the chief financial officer now directly owns 71,263 shares in the company, valued at approximately $307,144. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
XOMA Corp (NASDAQ:XOMA) traded up 0.46% during mid-day trading on Tuesday, hitting $4.39. The stock had a trading volume of 824,735 shares. XOMA Corp has a 52-week low of $3.42 and a 52-week high of $9.57. The stock’s 50-day moving average is $4.13 and its 200-day moving average is $5.09. The company’s market cap is $470.1 million.
XOMA Corp (NASDAQ:XOMA) last announced its earnings results on Thursday, August 7th. The company reported ($0.17) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.21) by $0.04. The company had revenue of $5.97 million for the quarter, compared to the consensus estimate of $5.32 million. XOMA Corp’s revenue was down 16.5% compared to the same quarter last year. Analysts expect that XOMA Corp will post $-0.52 EPS for the current fiscal year.
XOMA Corporation (NASDAQ:XOMA) is engaged in the discovery and development of antibody-based therapeutics.
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