Insider Selling: XOMA Corp VP Sells 5,000 Shares of Stock (XOMA)
XOMA Corp (NASDAQ:XOMA) VP Patrick J. Md Phd Scannon unloaded 5,000 shares of the company’s stock on the open market in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $4.31, for a total transaction of $21,550.00. Following the transaction, the vice president now directly owns 86,939 shares in the company, valued at approximately $374,707. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of XOMA Corp (NASDAQ:XOMA) traded up 1.62% during mid-day trading on Wednesday, hitting $4.38. 1,288,828 shares of the company’s stock traded hands. XOMA Corp has a one year low of $3.42 and a one year high of $9.57. The stock’s 50-day moving average is $4.10 and its 200-day moving average is $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) earnings per share (EPS) for the quarter, beating the 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 revenue for the quarter 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.
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