The CFO of Neos Therapeutics (NEOS) is Buying Shares


Today, the CFO of Neos Therapeutics (NEOS), Richard Eisenstadt, bought shares of NEOS for $10.8K.

Following this transaction Richard Eisenstadt’s holding in the company was increased by 13.35% to a total of $86.62K. In addition to Richard Eisenstadt, 2 other NEOS executives reported Buy trades in the last month.

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Based on Neos Therapeutics’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $12.5 million and GAAP net loss of $12.7 million. In comparison, last year the company earned revenue of $6.7 million and had a GAAP net loss of $16.26 million. Currently, Neos Therapeutics has an average volume of 335.6K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $11.67, reflecting a 472.1% upside. Starting in November 2018, NEOS received 4 Buy ratings in a row.

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Neos Therapeutics, Inc is a pharmaceutical company focused on developing, manufacturing and commercializing products utilizing its proprietary modified-release drug delivery technology platforms. Adzenys XR-ODT (amphetamine), Cotempla XR-ODT (methylphenidate), and Adzenys-ER (amphetamine) extended-release oral suspension, all for the treatment of ADHD, are the first three approved products using the Company’s extended-release technology platform. In addition, Neos manufactures and markets its generic version of the branded product Tussionex, an extended-release oral suspension of hydrocodone and chlorpheniramine for the relief of cough and upper respiratory symptoms of a cold. The company was founded by Darlene R. Ryan on November 30,1994 and is headquartered in Grand Prairie, TX.

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