Dimensional Fund Advisors LP Has $2.05 Million Holdings in Aptevo Therapeutics Inc (APVO)
Dimensional Fund Advisors LP reduced its stake in shares of Aptevo Therapeutics Inc (NASDAQ:APVO) by 15.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 893,338 shares of the biotechnology company’s stock after selling 163,391 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Aptevo Therapeutics were worth $2,046,000 as of its most recent SEC filing.
Separately, ValuEngine raised Aptevo Therapeutics from a “hold” rating to a “buy” rating in a research note on Thursday, October 12th.
In other Aptevo Therapeutics news, VP Randy Joe Maddux bought 25,000 shares of the business’s stock in a transaction dated Wednesday, November 15th. The shares were purchased at an average price of $2.76 per share, with a total value of $69,000.00. Following the completion of the purchase, the vice president now owns 25,000 shares in the company, valued at approximately $69,000. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 15.60% of the company’s stock.
Aptevo Therapeutics (NASDAQ:APVO) last released its earnings results on Thursday, November 9th. The biotechnology company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $2.25 by ($2.11). Aptevo Therapeutics had a net margin of 5.40% and a negative return on equity of 28.03%. equities analysts predict that Aptevo Therapeutics Inc will post 0.43 earnings per share for the current year.
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About Aptevo Therapeutics
Aptevo Therapeutics Inc is a biotechnology company. The Company is focused on oncology and hematology therapeutics. The Company is engaged in the discovery, development, commercialization and sale of oncology and hematology therapeutics. The Company’s technology is the ADAPTIR (modular protein technology) platform.
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