AxoGen, Inc. (NASDAQ:AXGN) VP John P. Engels bought 4,000 shares of AxoGen stock in a transaction that occurred on Friday, October 7th. The shares were acquired at an average price of $7.50 per share, for a total transaction of $30,000.00. Following the completion of the transaction, the vice president now directly owns 98,425 shares of the company’s stock, valued at approximately $738,187.50. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
AxoGen, Inc. (NASDAQ:AXGN) opened at 8.72 on Monday. AxoGen, Inc. has a 12-month low of $4.08 and a 12-month high of $9.88. The stock’s market capitalization is $262.75 million. The stock has a 50 day moving average price of $8.74 and a 200-day moving average price of $6.99.
AxoGen (NASDAQ:AXGN) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.09) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.12) by $0.03. AxoGen had a negative return on equity of 193.60% and a negative net margin of 37.90%. Equities research analysts expect that AxoGen, Inc. will post ($0.40) EPS for the current year.
Separately, Wedbush restated an “outperform” rating and issued a $10.00 price objective (up from $9.00) on shares of AxoGen in a report on Thursday, August 4th.
Several institutional investors have recently modified their holdings of the company. UBS Group AG boosted its position in shares of AxoGen by 991.7% in the first quarter. UBS Group AG now owns 97,946 shares of the company’s stock worth $525,000 after buying an additional 88,974 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of AxoGen by 196.8% in the second quarter. Bank of New York Mellon Corp now owns 80,580 shares of the company’s stock worth $555,000 after buying an additional 53,427 shares during the last quarter. California State Teachers Retirement System bought a new position in shares of AxoGen during the second quarter worth about $348,000. Nationwide Fund Advisors bought a new position in shares of AxoGen during the second quarter worth about $105,000. Finally, Vanguard Group Inc. boosted its position in shares of AxoGen by 61.5% in the second quarter. Vanguard Group Inc. now owns 775,448 shares of the company’s stock worth $5,335,000 after buying an additional 295,294 shares during the last quarter. Institutional investors and hedge funds own 57.87% of the company’s stock.
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