Share on StockTwits

NanoString Technologies (NASDAQ:NSTG) Director Charles P. Waite, Jr. sold 1,700 shares of the company’s stock on the open market in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $12.01, for a total value of $20,417.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

NanoString Technologies (NASDAQ:NSTG) traded down 1.48% on Thursday, hitting $11.30. The stock had a trading volume of 30,321 shares. NanoString Technologies has a one year low of $7.07 and a one year high of $22.44. The stock has a 50-day moving average of $12.74 and a 200-day moving average of $16.00. The company’s market cap is $204.7 million.

NanoString Technologies (NASDAQ:NSTG) last announced its earnings results on Tuesday, August 5th. The company reported ($0.58) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.65) by $0.07. The company had revenue of $10.90 million for the quarter, compared to the consensus estimate of $10.20 million. The company’s quarterly revenue was up 51.4% on a year-over-year basis. On average, analysts predict that NanoString Technologies will post $-2.20 earnings per share for the current fiscal year.

Separately, analysts at Leerink Swann cut their price target on shares of NanoString Technologies from $23.00 to $21.00 in a research note on Wednesday, August 6th.

NanoString Technologies, Inc develops, manufactures and sells products, which unlock clinically actionable genomic information from minute amounts of tissue.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.