What Did This CEO Just Do with Personal Shares of ChemoCentryx (CCXI)?


Yesterday, the President & CEO of ChemoCentryx (NASDAQ: CCXI), Thomas Schall, sold shares of CCXI for $363.1K.

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Based on ChemoCentryx’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $9.55 million and GAAP net loss of $9.42 million. In comparison, last year the company earned revenue of $8.23 million and had a GAAP net loss of $6 million. CCXI’s market cap is $641.9M and the company has a P/E ratio of 45.10. The Company has a Price to Book ratio of 25.1234.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $18.50, reflecting a -29.3% downside. One of the top 25 analysts, according to TipRanks.com, recently recommended Hold CCXI.

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ChemoCentryx, Inc. is a biopharmaceutical company engages in the development and commercialization of medicines. It focuses on inflammatory disorders, autoimmune diseases, and cancer. Its drug candidates such as Avacopan and CCX140, selectively blocks a specific chemoattractant receptor, leaving the rest of the immune system intact.

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