Enzo Biochem, Inc. (NYSE:ENZ) CEO Elazar Rabbani sold 14,000 shares of the business’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $7.75, for a total value of $108,500.00. Following the completion of the transaction, the chief executive officer now directly owns 1,867,202 shares of the company’s stock, valued at approximately $14,470,815.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Elazar Rabbani also recently made the following trade(s):
- On Wednesday, October 25th, Elazar Rabbani sold 72,401 shares of Enzo Biochem stock. The shares were sold at an average price of $10.09, for a total value of $730,526.09.
Enzo Biochem, Inc. (ENZ) traded up $0.17 during mid-day trading on Friday, reaching $7.96. The company had a trading volume of 147,953 shares, compared to its average volume of 192,438. The firm has a market capitalization of $373.06, a P/E ratio of -199.00 and a beta of 0.87. Enzo Biochem, Inc. has a fifty-two week low of $6.27 and a fifty-two week high of $12.04.
Separately, TheStreet downgraded Enzo Biochem from a “b” rating to a “c+” rating in a research note on Wednesday, September 27th.
Hedge funds have recently bought and sold shares of the stock. Legal & General Group Plc raised its stake in Enzo Biochem by 10.6% during the second quarter. Legal & General Group Plc now owns 10,663 shares of the medical research company’s stock worth $119,000 after acquiring an additional 1,022 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in Enzo Biochem during the second quarter worth about $124,000. CAPROCK Group Inc. acquired a new position in Enzo Biochem during the third quarter worth about $118,000. Magnetar Financial LLC acquired a new position in Enzo Biochem during the third quarter worth about $121,000. Finally, LMR Partners LLP acquired a new position in Enzo Biochem during the third quarter worth about $149,000. 63.65% of the stock is owned by institutional investors and hedge funds.
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About Enzo Biochem
Enzo Biochem, Inc is a bioscience company focusing on delivering and applying technology capabilities to produce products and services. The Company’s segments include Enzo Clinical Labs, Enzo Life Sciences and Enzo Therapeutics. Enzo Clinical Labs is a clinical reference laboratory providing a range of clinical services to physicians, medical centers, other clinical labs and pharmaceutical companies.
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