The Chief Executive & Co-Founder of Columbia Care (Other OTC: CCHWF) is Selling Shares

By Carrie Williams

Today, the Chief Executive & Co-Founder of Columbia Care (CCHWFResearch Report), Nicholas Keane Vita, sold shares of CCHWF for $78.81K.

In addition to Nicholas Keane Vita, one other CCHWF executive reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Columbia Care’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $76.06 million and GAAP net loss of -$55,677,000. In comparison, last year the company earned revenue of $23.17 million and had a GAAP net loss of $25.82 million. The company has a one-year high of $7.89 and a one-year low of $1.50. Currently, Columbia Care has an average volume of 135.72K.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $10.29, reflecting a -43.1% downside.

The insider sentiment on Columbia Care has been negative according to 95 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Columbia Care, Inc. engages in the cultivation, manufacture and provision of medical cannabis products and services. It distributes its products under the EleCeed, TheraCeed, and ClaraCeed brands. The company was founded by Nicholas Vita and Michael Abbott in 2012 and is headquartered in New York, NY.