Insider Selling: Neuralstem Insider Unloads 6,000 Shares of Stock (CUR)
Neuralstem (NYSE:CUR) Insider Karl Johe unloaded 6,000 shares of Neuralstem stock on the open market in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $4.09, for a total transaction of $24,540.00. Following the transaction, the insider now directly owns 495,747 shares in the company, valued at approximately $2,027,605. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Neuralstem (NYSE:CUR) traded up 1.07% during mid-day trading on Friday, hitting $3.78. 48,294 shares of the company’s stock traded hands. Neuralstem has a one year low of $1.65 and a one year high of $4.81. The stock has a 50-day moving average of $3.4 and a 200-day moving average of $3.77. The company’s market cap is $328.2 million.
Neuralstem (NYSE:CUR) last posted its quarterly earnings results on Friday, August 8th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.03.
A number of analysts have recently weighed in on CUR shares. Analysts at Aegis reiterated a “buy” rating on shares of Neuralstem in a research note on Friday, August 8th.
Neuralstem, Inc is a development-stage company focused on the development and commercialization of treatments for central nervous system disease based on transplanting human neural stems cells and the use of small molecule drugs.
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