Richard J. Daly Purchases 35,715 Shares of Neuralstem Inc. (CUR) Stock
Neuralstem Inc. (NASDAQ:CUR) CEO Richard J. Daly purchased 35,715 shares of the business’s stock in a transaction dated Friday, November 25th. The shares were purchased at an average price of $0.28 per share, for a total transaction of $10,000.20. Following the acquisition, the chief executive officer now owns 102,680 shares of the company’s stock, valued at $28,750.40. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
Neuralstem Inc. (NASDAQ:CUR) opened at 0.2841 on Wednesday. Neuralstem Inc. has a 12 month low of $0.19 and a 12 month high of $1.20. The company’s market cap is $32.60 million. The company’s 50-day moving average is $0.28 and its 200-day moving average is $0.29.
Neuralstem (NASDAQ:CUR) last announced its quarterly earnings data on Tuesday, November 8th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by $0.02. Neuralstem had a negative net margin of 170,366.66% and a negative return on equity of 4,420.33%. On average, equities research analysts expect that Neuralstem Inc. will post ($0.19) EPS for the current fiscal year.
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A number of large investors have recently made changes to their positions in CUR. Blair William & Co. IL bought a new stake in shares of Neuralstem during the second quarter worth $122,000. Vanguard Group Inc. raised its stake in shares of Neuralstem by 21.8% in the second quarter. Vanguard Group Inc. now owns 3,384,138 shares of the company’s stock worth $984,000 after buying an additional 606,500 shares during the last quarter. Finally, Sabby Management LLC bought a new stake in shares of Neuralstem during the second quarter worth $1,893,000. Institutional investors own 10.77% of the company’s stock.
A number of research firms have recently commented on CUR. Brean Capital began coverage on shares of Neuralstem in a report on Tuesday, October 4th. They set a “buy” rating and a $4.00 price target on the stock. Roth Capital reiterated a “buy” rating and set a $1.20 price target on shares of Neuralstem in a report on Friday, September 23rd. Finally, Aegis began coverage on shares of Neuralstem in a report on Monday, November 7th. They set a “buy” rating on the stock.
Neuralstem Company Profile
Neuralstem, Inc (Neuralstem) is a clinical-stage biopharmaceutical company. The Company is engaged in research, development and commercialization of central nervous system therapies based on its human neuronal stem cells and its stem-cell derived small molecule compounds. The Company has approximately three assets: its NSI-189 small molecule program, its NSI-566 stem cell therapy program and its chemical entity screening platform.
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