Adaptimmune Therapeutics plc (NASDAQ:ADAP – Get Rating) insider Cintia Piccina sold 11,890 shares of the business's stock in a transaction that occurred on Tuesday, January 31st. The stock was sold at an average price of $1.87, for a total transaction of $22,234.30. Following the completion of the transaction, the insider now directly owns 19,535 shares of the company's stock, valued at approximately $36,530.45. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Adaptimmune Therapeutics Trading Down 0.6 %

ADAP opened at $1.73 on Friday. Adaptimmune Therapeutics plc has a 12 month low of $1.01 and a 12 month high of $3.32. The business's 50-day moving average price is $1.71 and its 200-day moving average price is $1.74. The company has a market cap of $283.43 million, a P/E ratio of -1.59 and a beta of 2.23.

Adaptimmune Therapeutics (NASDAQ:ADAP – Get Rating) last posted its quarterly earnings results on Tuesday, November 8th. The biotechnology company reported ($0.24) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.28) by $0.04. Adaptimmune Therapeutics had a negative return on equity of 112.16% and a negative net margin of 998.26%. The business had revenue of $7.01 million for the quarter, compared to analyst estimates of $4.40 million. Equities research analysts forecast that Adaptimmune Therapeutics plc will post -1.09 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Hunter Associates Investment Management LLC boosted its position in Adaptimmune Therapeutics by 42.5% during the 2nd quarter. Hunter Associates Investment Management LLC now owns 28,500 shares of the biotechnology company's stock valued at $49,000 after buying an additional 8,500 shares during the period. Key Client Fiduciary Advisors LLC boosted its holdings in shares of Adaptimmune Therapeutics by 4.8% during the third quarter. Key Client Fiduciary Advisors LLC now owns 435,985 shares of the biotechnology company's stock worth $469,000 after purchasing an additional 19,819 shares during the period. Virtu Financial LLC boosted its holdings in shares of Adaptimmune Therapeutics by 133.7% during the third quarter. Virtu Financial LLC now owns 40,503 shares of the biotechnology company's stock worth $44,000 after purchasing an additional 23,175 shares during the period. State Street Corp grew its stake in shares of Adaptimmune Therapeutics by 4.2% in the first quarter. State Street Corp now owns 640,620 shares of the biotechnology company's stock worth $1,320,000 after purchasing an additional 25,627 shares during the last quarter. Finally, HBK Sorce Advisory LLC purchased a new position in Adaptimmune Therapeutics during the 3rd quarter valued at about $32,000.

Adaptimmune Therapeutics Company Profile

(Get Rating)

Adaptimmune Therapeutics Plc engages in the development of novel cancer immunotherapy products. Its specific peptide enhanced affinity receptor platform enables the engineering of T-cells to target and destroy cancer, including solid tumors. The company was founded by Bent K. Jakobsen, James Julian Noble, and Helena Katrina Tayton-Martin in 2008 and is headquartered in Abingdon, the United Kingdom.

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