BioLife Solutions, Inc. (NASDAQ:BLFS) COO Sells $34,815.00 in Stock

BioLife Solutions, Inc. (NASDAQ:BLFSGet Rating) COO Greef Roderick De sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $23.21, for a total value of $34,815.00. Following the completion of the sale, the chief operating officer now directly owns 95,219 shares of the company’s stock, valued at $2,210,032.99. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Greef Roderick De also recently made the following trade(s):

  • On Friday, November 18th, Greef Roderick De sold 1,500 shares of BioLife Solutions stock. The stock was sold at an average price of $22.13, for a total value of $33,195.00.
  • On Monday, November 14th, Greef Roderick De sold 20,000 shares of BioLife Solutions stock. The stock was sold at an average price of $23.86, for a total value of $477,200.00.
  • On Friday, October 7th, Greef Roderick De sold 8,552 shares of BioLife Solutions stock. The stock was sold at an average price of $22.69, for a total value of $194,044.88.
  • On Monday, October 3rd, Greef Roderick De sold 1,233 shares of BioLife Solutions stock. The stock was sold at an average price of $21.95, for a total value of $27,064.35.

BioLife Solutions Price Performance

BioLife Solutions stock opened at $21.20 on Monday. The stock’s fifty day moving average price is $22.32 and its two-hundred day moving average price is $19.12. BioLife Solutions, Inc. has a one year low of $10.40 and a one year high of $53.10. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.68 and a quick ratio of 2.76. The firm has a market cap of $906.64 million, a PE ratio of -8.55 and a beta of 1.78.

Hedge Funds Weigh In On BioLife Solutions

Hedge funds have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC increased its stake in BioLife Solutions by 802.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,218 shares of the medical equipment provider’s stock worth $27,000 after acquiring an additional 1,083 shares during the period. Wipfli Financial Advisors LLC bought a new position in shares of BioLife Solutions in the 3rd quarter valued at $29,000. Nisa Investment Advisors LLC increased its stake in shares of BioLife Solutions by 439.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,510 shares of the medical equipment provider’s stock valued at $34,000 after purchasing an additional 1,230 shares during the last quarter. Point72 Hong Kong Ltd bought a new position in shares of BioLife Solutions in the 1st quarter valued at $36,000. Finally, Lazard Asset Management LLC bought a new position in shares of BioLife Solutions in the 1st quarter valued at $45,000. Institutional investors own 86.69% of the company’s stock.

Wall Street Analysts Forecast Growth

BLFS has been the subject of several research reports. Stephens dropped their price target on BioLife Solutions to $31.00 in a report on Wednesday, November 16th. Cowen dropped their price target on BioLife Solutions to $29.00 in a report on Monday, August 15th. Finally, StockNews.com raised BioLife Solutions to a “sell” rating in a report on Friday, November 11th.

About BioLife Solutions

(Get Rating)

BioLife Solutions, Inc develops, manufactures, and supplies bioproduction tools and services for the cell and gene therapy industry in the United States, Canada, Europe, the Middle East, Africa, and internationally. The company's products are used in the basic and applied research, and commercial manufacturing of biologic-based therapies.

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