A Director at Applied DNA Sciences is Exercising Options

By Carrie Williams

Today it was reported that a Director at Applied DNA Sciences (APDNResearch Report), John Bitzer, exercised options to buy 196,661 APDN shares at $0.54 a share, for a total transaction value of $106.2K.

This recent transaction increases John Bitzer’s holding in the company by 16.22% to a total of $372.1K. In addition to John Bitzer, 7 other APDN executives reported Buy trades in the last month.

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Based on Applied DNA Sciences’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $2.05 million and GAAP net loss of $1.48 million. In comparison, last year the company earned revenue of $1.02 million and had a GAAP net loss of $2.89 million. Currently, Applied DNA Sciences has an average volume of 496.35K. The company has a one-year high of $1.65 and a one-year low of $0.22.

The insider sentiment on Applied DNA Sciences has been positive according to 12 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Applied DNA Sciences, Inc. engages in the provision of security solutions. It offers molecular-based technology solutions and services that can help protect products, brands, supply chains, and intellectual property of companies, governments, and consumers from theft, counterfeiting, fraud, and diversion.