Trade Report: Today, Neuralstem Inc. (CUR) CEO Richard J. Daly Buys 35,715 Shares

Today, Neuralstem Inc. (CUR) CEO Richard J. Daly Buys 35,715 Shares

Neuralstem Inc. (NASDAQ:CUR) CEO Richard J. Daly bought 35,715 shares of the stock in a transaction on Friday, November 25th. The stock was purchased at an average price of $0.28 per share, for a total transaction of $10,000.20. Following the purchase, the chief executive officer now directly owns 102,680 shares of the company’s stock, valued at $28,750.40. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

Neuralstem Inc. (NASDAQ:CUR) traded up 1.439% during mid-day trading on Monday, hitting $0.282. The stock had a trading volume of 375,594 shares. The company’s market capitalization is $32.36 million. Neuralstem Inc. has a 52 week low of $0.19 and a 52 week high of $1.20. The stock’s 50-day moving average is $0.28 and its 200 day moving average is $0.29.

Neuralstem (NASDAQ:CUR) last posted its quarterly earnings results on Tuesday, November 8th. The company reported ($0.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by $0.02. Neuralstem had a negative net margin of 170,366.66% and a negative return on equity of 4,420.33%. Equities analysts forecast that Neuralstem Inc. will post ($0.19) earnings per share for the current fiscal year.

A number of research analysts have commented on the company. Brean Capital assumed coverage on Neuralstem in a research note on Tuesday, October 4th. They issued a “buy” rating and a $4.00 target price on the stock. Roth Capital restated a “buy” rating and issued a $1.20 target price on shares of Neuralstem in a research note on Friday, September 23rd. Finally, Aegis assumed coverage on Neuralstem in a research note on Monday, November 7th. They set a “buy” rating for the company.

Several hedge funds and other institutional investors have recently bought and sold shares of CUR. Sabby Management LLC acquired a new stake in shares of Neuralstem during the second quarter valued at approximately $1,893,000. Vanguard Group Inc. increased its stake in shares of Neuralstem by 21.8% in the second quarter. Vanguard Group Inc. now owns 3,384,138 shares of the company’s stock valued at $984,000 after buying an additional 606,500 shares during the last quarter. Finally, Blair William & Co. IL acquired a new stake in shares of Neuralstem during the second quarter valued at approximately $122,000. 10.77% of the stock is currently owned by institutional investors.

Neuralstem Company Profile

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