Los Angeles Capital Management LLC lessened its stake in Celldex Therapeutics, Inc. (NASDAQ:CLDX – Free Report) by 8.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,738 shares of the biopharmaceutical company’s stock after selling 633 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Celldex Therapeutics were worth $229,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Celldex Therapeutics in the second quarter worth $76,000. CANADA LIFE ASSURANCE Co raised its stake in Celldex Therapeutics by 26.4% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 4,570 shares of the biopharmaceutical company’s stock valued at $192,000 after acquiring an additional 955 shares during the period. Ameritas Investment Partners Inc. lifted its holdings in Celldex Therapeutics by 34.3% during the first quarter. Ameritas Investment Partners Inc. now owns 6,198 shares of the biopharmaceutical company’s stock valued at $260,000 after purchasing an additional 1,582 shares during the last quarter. Quest Partners LLC boosted its position in Celldex Therapeutics by 1,364.9% during the second quarter. Quest Partners LLC now owns 7,383 shares of the biopharmaceutical company’s stock worth $273,000 after purchasing an additional 6,879 shares during the period. Finally, Public Employees Retirement Association of Colorado purchased a new position in shares of Celldex Therapeutics in the first quarter worth about $327,000.
Celldex Therapeutics Stock Down 1.0 %
NASDAQ:CLDX opened at $23.31 on Tuesday. The stock has a market cap of $1.55 billion, a P/E ratio of -9.07 and a beta of 1.60. The business’s 50-day moving average price is $31.89 and its two-hundred day moving average price is $35.39. Celldex Therapeutics, Inc. has a twelve month low of $22.93 and a twelve month high of $53.18.
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Insider Buying and Selling at Celldex Therapeutics
In other news, CEO Anthony S. Marucci purchased 11,500 shares of the stock in a transaction on Monday, November 11th. The shares were acquired at an average price of $26.82 per share, for a total transaction of $308,430.00. Following the completion of the transaction, the chief executive officer now directly owns 40,284 shares of the company’s stock, valued at approximately $1,080,416.88. This trade represents a 39.95 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 3.80% of the stock is currently owned by company insiders.
About Celldex Therapeutics
Celldex Therapeutics, Inc, a biopharmaceutical company, engages in developing therapeutic monoclonal and bispecific antibodies for the treatment of various diseases. Its drug candidates include antibody-based therapeutics to treat patients with inflammatory, allergic, autoimmune, and other devastating diseases.
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