share_log

Cardiff Oncology, Inc. (NASDAQ:CRDF) Director Renee P. Tannenbaum Acquires 10,000 Shares of Stock

Defense World ·  Sep 20, 2022 06:02

Cardiff Oncology, Inc. (NASDAQ:CRDF – Get Rating) Director Renee P. Tannenbaum bought 10,000 shares of Cardiff Oncology stock in a transaction on Thursday, September 15th. The shares were acquired at an average price of $1.72 per share, for a total transaction of $17,200.00. Following the completion of the acquisition, the director now owns 10,000 shares of the company's stock, valued at approximately $17,200. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Cardiff Oncology Stock Up 9.5 %

Cardiff Oncology stock opened at $1.73 on Tuesday. Cardiff Oncology, Inc. has a 12 month low of $1.13 and a 12 month high of $7.63. The stock's 50 day moving average is $2.51 and its 200-day moving average is $2.13.

Get Cardiff Oncology alerts:

Cardiff Oncology (NASDAQ:CRDF – Get Rating) last posted its earnings results on Thursday, August 4th. The company reported ($0.24) EPS for the quarter, beating the consensus estimate of ($0.25) by $0.01. Cardiff Oncology had a negative return on equity of 28.82% and a negative net margin of 9,841.41%. The company had revenue of $0.09 million for the quarter, compared to the consensus estimate of $0.08 million. Research analysts predict that Cardiff Oncology, Inc. will post -1.04 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Cardiff Oncology

Institutional investors have recently made changes to their positions in the stock. ACT Capital Management LLC boosted its stake in shares of Cardiff Oncology by 17.7% in the first quarter. ACT Capital Management LLC now owns 120,600 shares of the company's stock valued at $299,000 after buying an additional 18,100 shares during the period. GSA Capital Partners LLP boosted its stake in shares of Cardiff Oncology by 311.0% in the first quarter. GSA Capital Partners LLP now owns 63,749 shares of the company's stock valued at $158,000 after buying an additional 48,237 shares during the period. XTX Topco Ltd bought a new stake in shares of Cardiff Oncology in the first quarter valued at approximately $62,000. LPL Financial LLC boosted its stake in shares of Cardiff Oncology by 17.9% in the second quarter. LPL Financial LLC now owns 26,384 shares of the company's stock valued at $58,000 after buying an additional 3,998 shares during the period. Finally, Quantbot Technologies LP bought a new stake in shares of Cardiff Oncology in the first quarter valued at approximately $28,000. 20.70% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on CRDF shares. Robert W. Baird dropped their target price on Cardiff Oncology from $9.00 to $6.00 and set an "outperform" rating on the stock in a report on Monday, August 29th. HC Wainwright dropped their target price on Cardiff Oncology from $22.00 to $14.00 and set a "buy" rating on the stock in a report on Friday. Finally, Piper Sandler lowered their price target on Cardiff Oncology from $7.00 to $5.00 and set an "overweight" rating on the stock in a research report on Tuesday, September 13th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $9.75.

Cardiff Oncology Company Profile

(Get Rating)

Cardiff Oncology, Inc, a clinical-stage oncology company, develops medicine treatment for cancer patients in California. Its lead drug candidate is onvansertib, an oral selective Polo-like Kinase 1 Inhibitor for anti-cancer therapeutics; CY140, an inhibitor of PLK1, PLK2, and PLK3 that is in phase 1/2 studies in solid tumors and leukemias; metastatic colorectal cancer that is in clinical trials; and TROV-054 is a Phase 1b/2 for FOLFIRI and bevacizumab.

See Also

  • Get a free copy of the StockNews.com research report on Cardiff Oncology (CRDF)
  • Oracle's Short-Term Pain Could Be Your Long-Term Gain
  • Lucid is Looking Like a Clear EV Winner
  • Still Lovin' It: Investors Keep Visiting McDonald's
  • Did FedEx Just Deliver A Buying Opportunity?
  • Autozone Shifts Back Into Rally-Mode, New Highs Are In Sight

Receive News & Ratings for Cardiff Oncology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cardiff Oncology and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment