Insider Buying: Veru Inc (VERU) Insider Acquires 20,000 Shares of Stock

Veru Inc (NASDAQ:VERU) insider Mitchell Shuster Steiner purchased 20,000 shares of Veru stock in a transaction dated Thursday, March 8th. The shares were purchased at an average price of $1.88 per share, with a total value of $37,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Mitchell Shuster Steiner also recently made the following trade(s):

  • On Tuesday, March 6th, Mitchell Shuster Steiner purchased 20,000 shares of Veru stock. The shares were purchased at an average price of $1.50 per share, with a total value of $30,000.00.

Shares of Veru Inc (NASDAQ VERU) traded down $0.01 during trading on Friday, hitting $1.82. The stock had a trading volume of 166,682 shares, compared to its average volume of 97,178. The firm has a market cap of $97.39, a price-to-earnings ratio of -6.74 and a beta of 0.96. Veru Inc has a fifty-two week low of $0.90 and a fifty-two week high of $3.00.

Veru (NASDAQ:VERU) last announced its quarterly earnings results on Wednesday, February 14th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.03). Veru had a negative return on equity of 17.63% and a negative net margin of 73.11%. The business had revenue of $2.59 million during the quarter, compared to analyst estimates of $5.30 million. sell-side analysts predict that Veru Inc will post -0.14 EPS for the current fiscal year.

VERU has been the subject of several research reports. ValuEngine lowered Veru from a “hold” rating to a “sell” rating in a report on Friday, November 17th. HC Wainwright set a $5.00 price target on Veru and gave the company a “buy” rating in a report on Tuesday, November 14th. Finally, Zacks Investment Research lowered Veru from a “hold” rating to a “strong sell” rating in a report on Saturday, January 6th.

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Veru Company Profile

Veru Inc, formerly The Female Health Company, is a therapeutics company focused on developing and commercializing pharmaceuticals and devices in men’s and women’s health and oncology. The Company is engaged in the development, manufacture and marketing of consumer healthcare products. The Company has three divisions: Pharmaceutical and Devices, Consumer Health Products and Public Sector.

Insider Buying and Selling by Quarter for Veru (NASDAQ:VERU)

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