Insider Selling: Vical CAO Unloads 12,500 Shares of Stock (VICL)
Vical (NASDAQ:VICL) CAO Anthony Alan Ramos unloaded 12,500 shares of Vical stock on the open market in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $1.25, for a total transaction of $15,625.00. Following the transaction, the chief accounting officer now directly owns 88,364 shares in the company, valued at approximately $110,455. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Vical (NASDAQ:VICL) opened at 1.26 on Thursday. Vical has a 52-week low of $1.01 and a 52-week high of $1.79. The stock’s 50-day moving average is $1.26 and its 200-day moving average is $1.27. The company’s market cap is $111.6 million.
Vical (NASDAQ:VICL) last issued its quarterly earnings data on Thursday, July 31st. The company reported ($0.05) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.05). The company had revenue of $4.50 million for the quarter, compared to the consensus estimate of $1.90 million. During the same quarter last year, the company posted ($0.11) earnings per share. Vical’s revenue was up 200.0% compared to the same quarter last year. On average, analysts predict that Vical will post $-0.17 earnings per share for the current fiscal year.
Separately, analysts at Zacks downgraded shares of Vical from an “outperform” rating to a “neutral” rating in a research note on Wednesday, July 23rd. They now have a $1.40 price target on the stock.
Vical Incorporated researches and develops biopharmaceutical products based on its deoxyribonucleic acid (NASDAQ:VICL) delivery technologies for the prevention and treatment of serious or life-threatening diseases.
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