Aduro BioTech Inc (NASDAQ:ADRO) COO Gregory W. Schafer sold 20,000 shares of the stock in a transaction on Friday, December 1st. The stock was sold at an average price of $9.34, for a total value of $186,800.00. Following the completion of the transaction, the chief operating officer now owns 155,676 shares in the company, valued at $1,454,013.84. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Aduro BioTech Inc (ADRO) traded down $0.40 on Thursday, reaching $8.20. The company’s stock had a trading volume of 658,800 shares, compared to its average volume of 408,334. Aduro BioTech Inc has a 12 month low of $6.01 and a 12 month high of $14.05.
Aduro BioTech (NASDAQ:ADRO) last issued its quarterly earnings results on Tuesday, October 31st. The biotechnology company reported ($0.33) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.30) by ($0.03). Aduro BioTech had a negative return on equity of 39.28% and a negative net margin of 548.92%. The firm had revenue of $3.79 million for the quarter, compared to analyst estimates of $4.04 million. During the same period in the prior year, the firm posted ($0.54) EPS. The business’s revenue was up .0% compared to the same quarter last year. equities analysts forecast that Aduro BioTech Inc will post -1.28 earnings per share for the current year.
Several equities analysts have weighed in on the company. HC Wainwright restated a “buy” rating and set a $18.00 price target on shares of Aduro BioTech in a report on Wednesday, September 27th. William Blair reissued an “outperform” rating on shares of Aduro BioTech in a research note on Monday, October 2nd. Finally, Oppenheimer initiated coverage on Aduro BioTech in a research note on Monday, October 30th. They set a “buy” rating and a $15.00 price target for the company. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have given a buy rating to the company’s stock. Aduro BioTech currently has a consensus rating of “Buy” and a consensus price target of $19.14.
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Aduro BioTech Company Profile
Aduro Biotech, Inc is an immunotherapy company, which focuses on the discovery, development and commercialization of therapies that manage the treatment of various diseases, including cancer. The Company’s product candidates from its Live, Attenuated, Double-Deleted (LADD) Listeria monocytogenes, Stimulator of Interferon Genes Pathway Activator, and B-select monoclonal antibody platforms are designed to stimulate and/or regulate innate and adaptive immune responses, either as single agents or in combination with conventional therapies, as well as other immunotherapies.
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