Neos Therapeutics Inc (NASDAQ:NEOS) Director Alan L. Heller purchased 43,478 shares of the stock in a transaction that occurred on Thursday, November 8th. The stock was acquired at an average cost of $2.30 per share, with a total value of $99,999.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
NEOS stock opened at $2.59 on Friday. Neos Therapeutics Inc has a twelve month low of $2.27 and a twelve month high of $11.69.
Neos Therapeutics (NASDAQ:NEOS) last posted its quarterly earnings data on Friday, November 9th. The company reported ($0.43) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.40) by ($0.03). The firm had revenue of $12.50 million during the quarter, compared to analyst estimates of $14.80 million. Neos Therapeutics had a negative net margin of 164.40% and a negative return on equity of 586.25%. On average, analysts anticipate that Neos Therapeutics Inc will post -1.8 EPS for the current fiscal year.
Hedge funds have recently bought and sold shares of the company. Schwab Charles Investment Management Inc. boosted its holdings in shares of Neos Therapeutics by 28.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 56,200 shares of the company’s stock valued at $352,000 after acquiring an additional 12,500 shares during the period. Millennium Management LLC boosted its holdings in shares of Neos Therapeutics by 171.9% in the second quarter. Millennium Management LLC now owns 170,045 shares of the company’s stock valued at $1,063,000 after acquiring an additional 107,515 shares during the period. Proxima Capital Management LLC boosted its holdings in shares of Neos Therapeutics by 34.1% in the second quarter. Proxima Capital Management LLC now owns 295,000 shares of the company’s stock valued at $1,844,000 after acquiring an additional 75,000 shares during the period. Canada Pension Plan Investment Board acquired a new stake in shares of Neos Therapeutics in the second quarter valued at approximately $469,000. Finally, Allianz Asset Management GmbH acquired a new stake in shares of Neos Therapeutics in the first quarter valued at approximately $161,000. 46.88% of the stock is owned by institutional investors and hedge funds.
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About Neos Therapeutics
Neos Therapeutics, Inc, a pharmaceutical company, develops, manufactures, and commercializes products for the treatment of attention deficit hyperactivity disorder (ADHD) using its drug delivery technology platform. Its product candidates are extended-release (XR) medications in orally disintegrating tablets or liquid suspension dosage forms.
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