Stemline Therapeutics Inc (NASDAQ:STML) insider David Gionco sold 4,250 shares of the firm’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $13.43, for a total value of $57,077.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of Stemline Therapeutics Inc (NASDAQ STML) traded down $0.35 on Friday, reaching $15.70. The company’s stock had a trading volume of 341,336 shares, compared to its average volume of 390,180. Stemline Therapeutics Inc has a 52-week low of $6.35 and a 52-week high of $17.40.
Stemline Therapeutics (NASDAQ:STML) last announced its earnings results on Thursday, November 9th. The biopharmaceutical company reported ($0.68) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.57) by ($0.11). The company had revenue of $0.30 million for the quarter, compared to analyst estimates of $0.30 million. Stemline Therapeutics had a negative return on equity of 75.50% and a negative net margin of 4,689.63%. equities analysts anticipate that Stemline Therapeutics Inc will post -2.68 earnings per share for the current fiscal year.
Institutional investors and hedge funds have recently made changes to their positions in the business. Teachers Advisors LLC lifted its stake in shares of Stemline Therapeutics by 1.3% in the 2nd quarter. Teachers Advisors LLC now owns 43,397 shares of the biopharmaceutical company’s stock valued at $399,000 after purchasing an additional 541 shares during the period. Nationwide Fund Advisors lifted its stake in shares of Stemline Therapeutics by 7.2% in the 2nd quarter. Nationwide Fund Advisors now owns 12,755 shares of the biopharmaceutical company’s stock valued at $117,000 after purchasing an additional 855 shares during the period. Rhumbline Advisers lifted its stake in shares of Stemline Therapeutics by 18.5% in the 2nd quarter. Rhumbline Advisers now owns 27,358 shares of the biopharmaceutical company’s stock valued at $252,000 after purchasing an additional 4,280 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Stemline Therapeutics by 40.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 19,279 shares of the biopharmaceutical company’s stock valued at $178,000 after purchasing an additional 5,522 shares during the period. Finally, Royce & Associates LP acquired a new position in shares of Stemline Therapeutics in the 4th quarter valued at about $106,000. 43.87% of the stock is currently owned by hedge funds and other institutional investors.
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About Stemline Therapeutics
Stemline Therapeutics, Inc is a clinical-stage biopharmaceutical company focused on discovering, acquiring, developing and commercializing oncology therapeutics. The Company is developing approximately three clinical stage product candidates, including SL-401, SL-701 and SL-801. SL-401 is a targeted therapy directed to the interleukin-3 receptor (IL-3R) (CD123), present on a range of hematologic cancers.
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