Corvus Pharmaceuticals Inc (NASDAQ:CRVS) CFO Leiv Lea purchased 15,500 shares of the business’s stock in a transaction on Thursday, June 6th. The shares were purchased at an average cost of $3.56 per share, for a total transaction of $55,180.00. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.
NASDAQ:CRVS opened at $3.66 on Tuesday. The company has a quick ratio of 12.39, a current ratio of 12.39 and a debt-to-equity ratio of 0.03. Corvus Pharmaceuticals Inc has a 12-month low of $3.22 and a 12-month high of $13.91.
Corvus Pharmaceuticals (NASDAQ:CRVS) last released its earnings results on Thursday, May 9th. The company reported ($0.40) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.40). As a group, sell-side analysts predict that Corvus Pharmaceuticals Inc will post -1.61 earnings per share for the current fiscal year.
Several large investors have recently added to or reduced their stakes in the company. Prudential Financial Inc. increased its holdings in shares of Corvus Pharmaceuticals by 15.0% in the fourth quarter. Prudential Financial Inc. now owns 21,545 shares of the company’s stock valued at $79,000 after purchasing an additional 2,805 shares during the period. State of Wisconsin Investment Board increased its holdings in shares of Corvus Pharmaceuticals by 29.4% in the first quarter. State of Wisconsin Investment Board now owns 18,500 shares of the company’s stock valued at $74,000 after purchasing an additional 4,200 shares during the period. Rhumbline Advisers increased its holdings in shares of Corvus Pharmaceuticals by 44.1% in the fourth quarter. Rhumbline Advisers now owns 18,203 shares of the company’s stock valued at $67,000 after purchasing an additional 5,570 shares during the period. Acadian Asset Management LLC increased its holdings in shares of Corvus Pharmaceuticals by 23.9% in the first quarter. Acadian Asset Management LLC now owns 42,394 shares of the company’s stock valued at $170,000 after purchasing an additional 8,165 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Corvus Pharmaceuticals by 18.3% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 58,951 shares of the company’s stock valued at $237,000 after purchasing an additional 9,101 shares during the period. 84.46% of the stock is currently owned by institutional investors and hedge funds.
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Corvus Pharmaceuticals Company Profile
Corvus Pharmaceuticals, Inc, a clinical stage biopharmaceutical company, focuses on the development and commercialization of immuno-oncology therapies. Its lead product candidate is CPI-444, an oral, small molecule antagonist of the A2A receptor that is in Phase I/Ib clinical trial for adenosine, an immune checkpoint.
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