Corium International Inc (NASDAQ:CORI) major shareholder Perceptive Advisors Llc acquired 50,350 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The shares were bought at an average price of $11.83 per share, for a total transaction of $595,640.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of Corium International Inc (CORI) traded up $0.78 during trading on Thursday, reaching $13.09. 660,735 shares of the company’s stock traded hands, compared to its average volume of 229,442. The company has a current ratio of 2.70, a quick ratio of 2.60 and a debt-to-equity ratio of 2.41. Corium International Inc has a 12-month low of $2.67 and a 12-month high of $13.24. The company has a market capitalization of $452.50, a PE ratio of -7.84 and a beta of 1.26.
Corium International (NASDAQ:CORI) last issued its quarterly earnings results on Thursday, November 16th. The biopharmaceutical company reported ($0.36) EPS for the quarter, topping the consensus estimate of ($0.43) by $0.07. Corium International had a negative net margin of 149.99% and a negative return on equity of 482.64%. equities research analysts anticipate that Corium International Inc will post -1.47 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently bought and sold shares of the business. New York State Common Retirement Fund acquired a new stake in Corium International during the 2nd quarter worth about $158,000. California State Teachers Retirement System acquired a new stake in Corium International during the 2nd quarter worth about $263,000. Teachers Advisors LLC acquired a new stake in Corium International during the 2nd quarter worth about $272,000. TIAA CREF Investment Management LLC acquired a new stake in Corium International during the 2nd quarter worth about $411,000. Finally, Schwab Charles Investment Management Inc. raised its holdings in Corium International by 47.3% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 49,509 shares of the biopharmaceutical company’s stock worth $476,000 after buying an additional 15,909 shares during the period. Hedge funds and other institutional investors own 89.08% of the company’s stock.
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About Corium International
Corium International, Inc is a commercial-stage biopharmaceutical company focused on the development, manufacture and commercialization of specialty pharmaceutical products. As of September 30, 2016, the Company had multiple programs in preclinical and clinical development focused primarily on the treatment of neurological disorders, with two lead programs in Alzheimer’s disease.
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