Celsion Co. (NASDAQ:CLSN) CEO Michael H. Tardugno bought 7,500 shares of the firm’s stock in a transaction dated Monday, March 5th. The shares were purchased at an average price of $2.38 per share, with a total value of $17,850.00. Following the acquisition, the chief executive officer now directly owns 17,700 shares in the company, valued at approximately $42,126. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Celsion Co. (NASDAQ CLSN) traded up $0.19 during midday trading on Monday, reaching $2.44. The company’s stock had a trading volume of 617,635 shares, compared to its average volume of 363,086. The stock has a market cap of $39.90, a PE ratio of -0.41 and a beta of 1.80. Celsion Co. has a 52-week low of $1.24 and a 52-week high of $6.06.

A number of analysts have recently issued reports on the company. ValuEngine cut Celsion from a “sell” rating to a “strong sell” rating in a report on Wednesday, November 15th. Zacks Investment Research cut Celsion from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. Finally, Oppenheimer assumed coverage on Celsion in a report on Tuesday, November 21st. They set an “outperform” rating and a $9.00 target price for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $11.90.

An institutional investor recently bought a new position in Celsion stock. Virtu Financial LLC purchased a new position in Celsion Co. (NASDAQ:CLSN) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 42,018 shares of the biotechnology company’s stock, valued at approximately $113,000. Virtu Financial LLC owned 0.24% of Celsion as of its most recent SEC filing. 3.84% of the stock is owned by hedge funds and other institutional investors.

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Celsion Company Profile

Celsion Corporation is an oncology drug development company. The Company’s product candidate is ThermoDox, a heat-activated liposomal encapsulation of doxorubicin, which is in Phase III clinical trial for treatment of primary liver cancer (the OPTIMA Study) and a Phase II clinical trial for treatment of recurrent chest wall breast cancer (the DIGNITY Study).

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