CytomX Therapeutics, Inc. (NASDAQ:CTMX) insider Sean A. Mccarthy sold 9,562 shares of CytomX Therapeutics stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $18.57, for a total value of $177,566.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of CytomX Therapeutics, Inc. (NASDAQ CTMX) traded up 21.53% on Wednesday, hitting $23.09. The company’s stock had a trading volume of 3,353,455 shares. The stock has a 50-day moving average price of $16.92 and a 200 day moving average price of $15.62. The firm’s market cap is $851.26 million. CytomX Therapeutics, Inc. has a one year low of $9.85 and a one year high of $24.67.

CytomX Therapeutics (NASDAQ:CTMX) last posted its quarterly earnings results on Monday, August 7th. The biotechnology company reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.39) by ($0.30). CytomX Therapeutics had a negative net margin of 206.33% and a negative return on equity of 84.61%. The firm had revenue of $8.75 million during the quarter, compared to analysts’ expectations of $4.95 million. Equities research analysts predict that CytomX Therapeutics, Inc. will post ($1.49) EPS for the current year.

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Institutional investors have recently bought and sold shares of the company. Legal & General Group Plc grew its stake in shares of CytomX Therapeutics by 28.6% in the 2nd quarter. Legal & General Group Plc now owns 6,448 shares of the biotechnology company’s stock valued at $101,000 after buying an additional 1,434 shares during the period. First Quadrant L P CA purchased a new stake in shares of CytomX Therapeutics in the 2nd quarter valued at approximately $160,000. Goldman Sachs Group Inc. purchased a new stake in shares of CytomX Therapeutics in the 1st quarter valued at approximately $190,000. Cubist Systematic Strategies LLC purchased a new stake in shares of CytomX Therapeutics in the 2nd quarter valued at approximately $174,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of CytomX Therapeutics in the 1st quarter valued at approximately $206,000. 59.97% of the stock is owned by institutional investors and hedge funds.

Several research firms recently commented on CTMX. BidaskClub upgraded CytomX Therapeutics from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Nomura lifted their price target on CytomX Therapeutics to $44.00 and gave the stock a “buy” rating in a research report on Wednesday. Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of CytomX Therapeutics in a research report on Wednesday. Cowen and Company reiterated a “buy” rating on shares of CytomX Therapeutics in a research report on Tuesday, August 8th. Finally, Bank of America Corporation reiterated a “buy” rating and issued a $30.00 price target (up previously from $28.00) on shares of CytomX Therapeutics in a research report on Wednesday, August 9th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $32.67.

CytomX Therapeutics Company Profile

CytomX Therapeutics, Inc is a clinical-stage, oncology-focused biopharmaceutical company. The Company uses its Probody technology platform to create cancer immunotherapies against clinically validated targets, as well as to develop cancer therapeutics against difficult-to-drug targets. Its pipeline is focused on the development of therapies in a set of modalities: Probody cancer immunotherapies, Probody drug conjugates, T-cell engaging Probody bispecifics and ProCAR-NK cell therapies.

Insider Buying and Selling by Quarter for CytomX Therapeutics (NASDAQ:CTMX)

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