The EVP, CSO and CMO of ADMA Biologics (NASDAQ: ADMA) is Buying Shares

By Carrie Williams

Yesterday, the EVP, CSO and CMO of ADMA Biologics (NASDAQ: ADMA), James Mond, bought shares of ADMA for $21.5K.

This recent transaction increases James Mond’s holding in the company by 295.07% to a total of $33.2K. In addition to James Mond, 3 other ADMA executives reported Buy trades in the last month.

Based on ADMA Biologics’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $4.73 million and GAAP net loss of $15.2 million. In comparison, last year the company earned revenue of $2.94 million and had a GAAP net loss of $4.33 million. The company has a one-year high of $6.88 and a one-year low of $2.01. Currently, ADMA Biologics has an average volume of 239.2K.

Four different firms, including Ladenburg and Maxim Group, currently also have a Buy rating on the stock.

James Mond’s trades have generated a -28.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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ADMA Biologics, Inc. is a biopharmaceutical company, which develops, manufactures and intends to commercialize in human plasma and plasma-derived therapeutics. It operates through the Plasma Collection Center and Research and Development segments. The Plasma Collection Center segment comprises of operations in Georgia.