Immuneering Corporation (NASDAQ:IMRX – Get Free Report) Director Thomas Schall bought 21,645 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was bought at an average price of $4.67 per share, for a total transaction of $101,082.15. Following the purchase, the director owned 74,530 shares in the company, valued at approximately $348,055.10. This represents a 40.93% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Immuneering Price Performance
Shares of NASDAQ IMRX traded up $0.29 during mid-day trading on Tuesday, hitting $4.87. The company had a trading volume of 236,988 shares, compared to its average volume of 3,977,731. The firm’s 50 day simple moving average is $6.32 and its two-hundred day simple moving average is $5.82. The stock has a market cap of $314.71 million, a price-to-earnings ratio of -2.61 and a beta of 0.48. Immuneering Corporation has a 12 month low of $1.10 and a 12 month high of $10.08.
Immuneering (NASDAQ:IMRX – Get Free Report) last issued its quarterly earnings results on Wednesday, November 12th. The company reported ($0.38) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.01). Equities analysts forecast that Immuneering Corporation will post -1.86 earnings per share for the current year.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on IMRX
Hedge Funds Weigh In On Immuneering
Hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in Immuneering in the first quarter valued at about $32,000. China Universal Asset Management Co. Ltd. bought a new position in Immuneering in the third quarter valued at $35,000. Future Financial Wealth Managment LLC bought a new stake in Immuneering during the third quarter worth about $35,000. Kingsview Wealth Management LLC acquired a new stake in shares of Immuneering in the 2nd quarter valued at approximately $47,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of Immuneering in the third quarter valued at $70,000. Institutional investors own 67.65% of the company’s stock.
About Immuneering
Immuneering (Nasdaq: IMRX) is a clinical-stage biopharmaceutical company leveraging artificial intelligence and its proprietary RABIT (Repurposing and Accelerating Biotechnology Tools) platform to design and optimize small-molecule and peptide therapies. By analyzing large-scale biomedical datasets, Immuneering’s machine learning algorithms identify novel drug–target interactions, repurpose existing drug scaffolds and accelerate lead candidate selection. The company’s AI-driven approach aims to reduce development timelines and improve therapeutic profiles in areas of high unmet medical need.
The company’s lead program, IRX-2, is a small-molecule candidate currently in Phase 2 clinical trials for the treatment of painful diabetic peripheral neuropathy.
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