CareDx, Inc. (NASDAQ:CDNA) insider James P. Yee sold 29,197 shares of the company’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $7.00, for a total transaction of $204,379.00. Following the completion of the transaction, the insider now owns 74,795 shares in the company, valued at $523,565. The sale was disclosed in a filing with the SEC, which is available through this link.

Shares of CareDx, Inc. (NASDAQ CDNA) traded up $0.58 on Friday, hitting $7.18. 222,262 shares of the stock traded hands, compared to its average volume of 305,315. CareDx, Inc. has a 52-week low of $0.76 and a 52-week high of $7.98. The company has a debt-to-equity ratio of -124.53, a current ratio of 0.55 and a quick ratio of 0.35.

CareDx (NASDAQ:CDNA) last announced its quarterly earnings results on Thursday, November 9th. The company reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.02. CareDx had a negative net margin of 84.14% and a negative return on equity of 157.00%. The firm had revenue of $12.19 million during the quarter, compared to analysts’ expectations of $12.05 million. The company’s revenue was down 2.3% compared to the same quarter last year. equities analysts expect that CareDx, Inc. will post -0.83 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Gagnon Securities LLC lifted its position in shares of CareDx by 3.9% in the 3rd quarter. Gagnon Securities LLC now owns 2,166,403 shares of the company’s stock worth $8,016,000 after purchasing an additional 82,111 shares during the period. Royce & Associates LP lifted its position in CareDx by 8.1% during the third quarter. Royce & Associates LP now owns 792,787 shares of the company’s stock valued at $2,933,000 after acquiring an additional 59,500 shares during the last quarter. Private Wealth Partners LLC lifted its position in CareDx by 2,250.0% during the third quarter. Private Wealth Partners LLC now owns 235,000 shares of the company’s stock valued at $869,000 after acquiring an additional 225,000 shares during the last quarter. Thompson Davis & CO. Inc. lifted its position in CareDx by 3,294.9% during the third quarter. Thompson Davis & CO. Inc. now owns 203,692 shares of the company’s stock valued at $754,000 after acquiring an additional 197,692 shares during the last quarter. Finally, Stonepine Capital Management LLC purchased a new stake in CareDx during the second quarter valued at approximately $212,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

CDNA has been the topic of a number of research analyst reports. Zacks Investment Research downgraded shares of CareDx from a “buy” rating to a “hold” rating in a research note on Monday, September 11th. Craig Hallum restated a “buy” rating and issued a $10.00 target price (up from $4.00) on shares of CareDx in a research note on Monday, October 9th. Raymond James Financial raised shares of CareDx from a “market perform” rating to a “buy” rating and set a $6.50 price target for the company in a research report on Wednesday, September 27th. ValuEngine raised shares of CareDx from a “strong sell” rating to a “sell” rating in a research report on Tuesday, September 26th. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating and issued a $7.00 price target (up previously from $3.00) on shares of CareDx in a research report on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $7.75.

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About CareDx

CareDx, Inc is a molecular diagnostics company. The Company is focused on the discovery, development and commercialization of clinically differentiated diagnostic surveillance solutions for transplant patients. The Company’s commercialized testing solution, the AlloMap heart transplant molecular test (AlloMap), is a gene expression test that helps clinicians monitor and identify heart transplant recipients with stable graft function having a low probability of moderate/severe acute cellular rejection.

Insider Buying and Selling by Quarter for CareDx (NASDAQ:CDNA)

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