Polarityte Inc (NASDAQ:COOL) major shareholder Barry C. Honig sold 1,400 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $17.88, for a total value of $25,032.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Polarityte Inc (NASDAQ:COOL) traded down $1.00 during trading on Wednesday, reaching $17.50. The company had a trading volume of 189,099 shares, compared to its average volume of 131,318. Polarityte Inc has a fifty-two week low of $7.40 and a fifty-two week high of $32.63.
Several research firms recently issued reports on COOL. ValuEngine upgraded Polarityte from a “sell” rating to a “hold” rating in a report on Friday, February 2nd. Cantor Fitzgerald set a $70.00 price target on Polarityte and gave the company a “buy” rating in a report on Tuesday, February 20th.
A number of institutional investors have recently bought and sold shares of COOL. Wells Fargo & Company MN boosted its holdings in Polarityte by 41.3% in the second quarter. Wells Fargo & Company MN now owns 5,650 shares of the company’s stock valued at $131,000 after acquiring an additional 1,650 shares during the last quarter. Gilder Gagnon Howe & Co. LLC bought a new position in Polarityte in the fourth quarter valued at about $1,507,000. Advisor Group Inc. boosted its holdings in Polarityte by 133.6% in the fourth quarter. Advisor Group Inc. now owns 49,180 shares of the company’s stock valued at $1,141,000 after acquiring an additional 28,130 shares during the last quarter. Ardsley Advisory Partners bought a new position in Polarityte in the fourth quarter valued at about $327,000. Finally, Millennium Management LLC bought a new position in Polarityte in the fourth quarter valued at about $3,057,000. Institutional investors and hedge funds own 10.94% of the company’s stock.
WARNING: This report was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international copyright and trademark law. The original version of this report can be accessed at https://ledgergazette.com/2018/03/14/insider-selling-polarityte-inc-cool-major-shareholder-sells-1400-shares-of-stock.html.
Polarityte Company Profile
PolarityTE, Inc, formerly Majesco Entertainment Company, is the owner of patent applications and know-how related to regenerative medicine and tissue engineering, as well as software applications used in diagnosis and treatment related to regenerative medicine. The Company seeks to develop and obtain regulatory approval for technology that will utilize a patient’s own tissue substrates for the regeneration of skin, bone, muscle, cartilage, fat, blood vessels and nerves.
Receive News & Ratings for Polarityte Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polarityte and related companies with MarketBeat.com's FREE daily email newsletter.