Advaxis, Inc. (NASDAQ:ADXS) CFO Sara Bonstein sold 12,734 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $3.19, for a total transaction of $40,621.46. Following the sale, the chief financial officer now directly owns 244,504 shares in the company, valued at $779,967.76. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Advaxis (NASDAQ:ADXS) last posted its quarterly earnings data on Monday, September 11th. The biotechnology company reported ($0.80) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.53) by ($0.27). The business had revenue of $3.05 million during the quarter, compared to analysts’ expectations of $3.43 million. Advaxis had a negative net margin of 655.66% and a negative return on equity of 93.54%.

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Several analysts have issued reports on the stock. ValuEngine downgraded shares of Advaxis from a “sell” rating to a “strong sell” rating in a research note on Tuesday, October 3rd. BidaskClub downgraded shares of Advaxis from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Cantor Fitzgerald reissued a “buy” rating and set a $19.00 target price on shares of Advaxis in a research note on Monday, September 25th. Finally, HC Wainwright reissued a “buy” rating and set a $23.00 target price on shares of Advaxis in a research note on Friday, September 15th.

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Advaxis by 9.2% in the first quarter. Vanguard Group Inc. now owns 1,663,010 shares of the biotechnology company’s stock valued at $13,587,000 after buying an additional 139,710 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Advaxis by 4.8% in the first quarter. Geode Capital Management LLC now owns 279,812 shares of the biotechnology company’s stock worth $2,286,000 after acquiring an additional 12,736 shares during the last quarter. Swiss National Bank boosted its stake in shares of Advaxis by 17.5% in the first quarter. Swiss National Bank now owns 55,800 shares of the biotechnology company’s stock worth $456,000 after acquiring an additional 8,300 shares during the last quarter. OxFORD Asset Management LLP acquired a new stake in shares of Advaxis in the second quarter worth approximately $498,000. Finally, Tudor Investment Corp ET AL acquired a new stake in shares of Advaxis in the first quarter worth approximately $283,000. Institutional investors and hedge funds own 48.02% of the company’s stock.

Advaxis Company Profile

Advaxis, Inc is a clinical-stage biotechnology company focused on the discovery, development and commercialization of Listeria monocytogenes (Lm)-Listeriolysin O (LLO) cancer immunotherapies. These immunotherapies are based on a platform technology that utilizes live attenuated Lm bioengineered to secrete antigen/adjuvant fusion proteins.

Insider Buying and Selling by Quarter for Advaxis (NASDAQ:ADXS)

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