The SVP, CBO and CFO of Novavax (NVAX) is Buying Shares


Today, the SVP, CBO and CFO of Novavax (NASDAQ: NVAX), John Trizzino, bought shares of NVAX for $81.5K.

Following this transaction John Trizzino’s holding in the company was increased by 56.2% to a total of $234.9K. In addition to John Trizzino, 2 other NVAX executives reported Buy trades in the last month.

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Based on Novavax’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $9.65 million and GAAP net loss of $46.35 million. In comparison, last year the company earned revenue of $5.68 million and had a GAAP net loss of $43.85 million. Currently, Novavax has an average volume of 3.83M.

Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $4.33, reflecting a -61.0% downside. Eight different firms, including B.Riley FBR and Cantor Fitzgerald, currently also have a Buy rating on the stock.

John Trizzino’s trades have generated a 53.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Novavax, Inc. operates as a clinical-stage biopharmaceutical company, which engages in the provision of development of recombinant nanoparticle vaccines and adjuvants. Its product pipeline targets infectious diseases with vaccine candidates in clinical development for respiratory syncytial virus, seasonal influenza, pandemic influenza, and Ebola virus.

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