The CIO of Applied DNA Sciences is Exercising Options

By Carrie Williams

Today it was reported that the CIO of Applied DNA Sciences (APDNResearch Report), Judith Murrah, exercised options to buy 49,165 APDN shares at $0.54 a share, for a total transaction value of $26.55K.

This recent transaction increases Judith Murrah’s holding in the company by 93.3% to a total of $36.77K. In addition to Judith Murrah, 4 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 473.48K. The company has a one-year high of $1.84 and a one-year low of $0.25.

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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.