Today it was reported that the President & CEO of Cerus Corp (CERS), William Mariner Greenman, exercised options to buy 150,000 CERS shares at $0.79 a share, for a total transaction value of $118.5K. The options were close to expired and William Mariner Greenman retained stocks.
Following this transaction William Mariner Greenman’s holding in the company was increased by 37.54% to a total of $2.74 million. In addition to William Mariner Greenman, one other CERS executive reported Buy trades in the last month.
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Based on Cerus Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $19.33 million and GAAP net loss of $14.19 million. In comparison, last year the company earned revenue of $18.62 million and had a GAAP net loss of $11.49 million. Currently, Cerus Corp has an average volume of 710.2K.
Starting in May 2018, CERS received 13 Buy ratings in a row.
In the last 30 days, insiders have sold $14.89K worth of CERS shares and purchased $118.5K worth of CERS shares. The insider sentiment on Cerus Corp has been negative according to 27 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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Cerus Corp. engages in the research, development, and manufacture of biomedical and surgical products. It produces blood system for platelets and plasma. It markets its products under the INTERCEPT brand. The company was founded by Laurence M. Corash and John E. Hearst on September 19, 1991 and is headquartered in Concord, CA.
