Immune Design Corp (IMDZ) CEO Sells $33,234.90 in Stock
Immune Design Corp (NASDAQ:IMDZ) CEO Carlos V. Paya sold 7,970 shares of Immune Design stock in a transaction on Friday, January 5th. The shares were sold at an average price of $4.17, for a total value of $33,234.90. Following the completion of the sale, the chief executive officer now owns 114,560 shares in the company, valued at approximately $477,715.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Immune Design Corp (NASDAQ:IMDZ) opened at $3.65 on Thursday. The stock has a market capitalization of $175.41, a price-to-earnings ratio of -1.71 and a beta of 2.36. Immune Design Corp has a 1-year low of $3.50 and a 1-year high of $13.05.
Immune Design (NASDAQ:IMDZ) last posted its quarterly earnings data on Wednesday, November 1st. The biotechnology company reported ($0.52) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.63) by $0.11. The firm had revenue of $0.52 million for the quarter, compared to the consensus estimate of $0.62 million. Immune Design had a negative return on equity of 68.69% and a negative net margin of 619.62%. analysts expect that Immune Design Corp will post -1.89 earnings per share for the current year.
A number of research firms have commented on IMDZ. Zacks Investment Research downgraded Immune Design from a “buy” rating to a “hold” rating in a research report on Monday. ValuEngine downgraded Immune Design from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Royal Bank of Canada began coverage on Immune Design in a report on Thursday, September 14th. They issued an “outperform” rating and a $20.00 price objective on the stock. Wells Fargo & Co downgraded Immune Design from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $29.00 to $10.00 in a report on Tuesday, October 17th. Finally, Cowen reiterated a “buy” rating on shares of Immune Design in a report on Monday, December 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $13.06.
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About Immune Design
Immune Design Corp. is a clinical-stage immunotherapy company. The Company is focused on cancer with in vivo approaches designed to enable the body’s immune system to fight disease. The Company has engineered its technologies to activate the immune system’s natural ability to create tumor-specific cytotoxic T cells (CTLs) to fight cancer.
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