Conduit Pharmaceuticals Inc. (NASDAQ:CDT – Get Free Report) Director Andrew Regan sold 1,389,820 shares of the business’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $0.25, for a total value of $347,455.00. Following the completion of the transaction, the director now owns 12,941,319 shares in the company, valued at approximately $3,235,329.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Andrew Regan also recently made the following trade(s):
- On Wednesday, July 17th, Andrew Regan sold 1,514,100 shares of Conduit Pharmaceuticals stock. The shares were sold at an average price of $0.26, for a total value of $393,666.00.
- On Monday, July 15th, Andrew Regan sold 1,005,200 shares of Conduit Pharmaceuticals stock. The stock was sold at an average price of $0.25, for a total value of $251,300.00.
- On Wednesday, July 10th, Andrew Regan sold 150,000 shares of Conduit Pharmaceuticals stock. The shares were sold at an average price of $0.33, for a total transaction of $49,500.00.
- On Monday, July 8th, Andrew Regan sold 35,923 shares of Conduit Pharmaceuticals stock. The stock was sold at an average price of $0.51, for a total transaction of $18,320.73.
- On Wednesday, July 3rd, Andrew Regan sold 1,000 shares of Conduit Pharmaceuticals stock. The shares were sold at an average price of $0.64, for a total transaction of $640.00.
Conduit Pharmaceuticals Price Performance
Shares of NASDAQ CDT opened at $0.13 on Friday. The business’s 50-day simple moving average is $0.18 and its 200-day simple moving average is $1.78. Conduit Pharmaceuticals Inc. has a 52 week low of $0.11 and a 52 week high of $22.00.
Wall Street Analyst Weigh In
Separately, Berenberg Bank raised shares of Conduit Pharmaceuticals to a “strong-buy” rating in a research report on Friday, July 26th.
Get Our Latest Stock Analysis on CDT
About Conduit Pharmaceuticals
Conduit Pharmaceuticals Inc, a clinical-stage specialty biopharmaceutical company, develops pharmaceutical products that provides unmet medical needs in the areas of autoimmune diseases and idiopathic male infertility. Its pipeline includes AZD1656, which has completed Phase I trials for the treatment of type 2 diabetes, renal transplant, Hashimoto's thyroiditis and Grave's disease, uveitis, and preterm labor; and AZD5904, which has completed Phase I clinical trials for the treatment of idiopathic male infertility.
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