Insider Buying: Stemline Therapeutics CEO Acquires 2,000 Shares of Stock (STML)
Stemline Therapeutics (NASDAQ:STML) CEO Ivan Bergstein purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were purchased at an average price of $11.05 per share, for a total transaction of $22,100.00. Following the completion of the transaction, the chief executive officer now directly owns 1,903,955 shares in the company, valued at approximately $21,038,703. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Stemline Therapeutics (NASDAQ:STML) traded down 0.27% during mid-day trading on Wednesday, hitting $10.92. 143,712 shares of the company’s stock traded hands. Stemline Therapeutics has a 1-year low of $10.509 and a 1-year high of $47.25. The stock has a 50-day moving average of $11.66 and a 200-day moving average of $16.40. The company’s market cap is $141.4 million.
Stemline Therapeutics (NASDAQ:STML) last released its earnings data on Thursday, August 14th. The company reported ($0.47) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.71) by $0.24. Analysts expect that Stemline Therapeutics will post $-2.39 EPS 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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