Insider Selling: Patrick J. Md Phd Scannon Sells 5,000 Shares of XOMA Corp Stock (XOMA)
XOMA Corp (NASDAQ:XOMA) VP Patrick J. Md Phd Scannon unloaded 5,000 shares of XOMA Corp stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $4.31, for a total transaction of $21,550.00. Following the sale, the vice president now directly owns 86,939 shares of the company’s stock, valued at approximately $374,707. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of XOMA Corp (NASDAQ:XOMA) traded up 1.62% during mid-day trading on Wednesday, hitting $4.38. The stock had a trading volume of 1,293,426 shares. XOMA Corp has a 52 week low of $3.42 and a 52 week high of $9.57. The stock has a 50-day moving average of $4.10 and a 200-day moving average of $4.83. The company’s market cap is $469.0 million.
XOMA Corp (NASDAQ:XOMA) last announced its earnings results on Thursday, August 7th. The company reported ($0.17) EPS for the quarter, beating the Thomson Reuters 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. The company’s quarterly revenue was down 16.5% on a year-over-year basis. On average, analysts predict that XOMA Corp will post $-0.52 earnings per share for the current fiscal year.
XOMA Corporation (NASDAQ:XOMA) is engaged in the discovery and development of antibody-based therapeutics.