The CFO of Inovio Pharmaceuticals is Exercising Options


Today it was reported that the CFO of Inovio Pharmaceuticals (INO), Peter Kies, exercised options to sell 10,001 INO shares at $2.00 a share, for a total transaction value of $52.81K. The options were close to expired and Peter Kies disposed stocks.

Following Peter Kies’ last INO Sell transaction on July 11, 2018, the stock climbed by 0.9%.

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Currently, Inovio Pharmaceuticals has an average volume of 722.1K.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $10.25, reflecting a 91.6% upside.

The insider sentiment on Inovio Pharmaceuticals has been negative according to 22 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Inovio Pharmaceuticals, Inc. engages in the development of active DNA immunotherapies for cancer and infectious diseases. Its portfolio of immune therapies includes SynCon immunotherapies and electroporation delivery systems. The company was founded on June 29, 1983 and is headquartered in Plymouth Meeting, PA.

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