Insider Buying: Kenneth Hoberman Acquires 2,000 Shares of Stemline Therapeutics Stock (STML)
Stemline Therapeutics (NASDAQ:STML) COO Kenneth Hoberman acquired 2,000 shares of the stock on the open market in a transaction dated Tuesday, September 2nd. The stock was purchased at an average cost of $10.99 per share, with a total value of $21,980.00. Following the completion of the transaction, the chief operating officer now directly owns 89,535 shares of the company’s stock, valued at approximately $983,990. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Stemline Therapeutics (NASDAQ:STML) traded down 0.27% during mid-day trading on Wednesday, hitting $10.92. 142,012 shares of the company’s stock traded hands. Stemline Therapeutics has a 52-week low of $10.509 and a 52-week high of $47.25. The stock’s 50-day moving average is $11.66 and its 200-day moving average is $16.40. The company’s market cap is $141.4 million.
Stemline Therapeutics (NASDAQ:STML) last announced its earnings results on Thursday, August 14th. The company reported ($0.47) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.71) by $0.24. On average, analysts predict that Stemline Therapeutics will post $-2.39 earnings per share for the current fiscal year.
Stemline Therapeutics, Inc (NASDAQ:STML) is a clinical-stage biopharmaceutical company focused on discovering, acquiring, developing and commercializing therapeutics that target both cancer stem cells (CSCs) and tumor bulk.
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