Matinas BioPharma Holdings Inc (MTNB) to Release Earnings on Monday

Matinas BioPharma Holdings Inc (NASDAQ:MTNB) will be releasing its earnings data on Monday, November 13th. Analysts expect Matinas BioPharma Holdings to post earnings of ($0.05) per share for the quarter.

Shares of Matinas BioPharma Holdings Inc (MTNB) opened at $1.12 on Friday. Matinas BioPharma Holdings Inc has a 12-month low of $1.01 and a 12-month high of $3.99.

Several equities research analysts recently weighed in on the company. Roth Capital set a $9.00 price objective on Matinas BioPharma Holdings and gave the stock a “buy” rating in a report on Thursday, August 10th. Maxim Group set a $6.00 price objective on Matinas BioPharma Holdings and gave the stock a “buy” rating in a report on Tuesday, August 8th.

In other news, Director Adam K. Stern acquired 100,000 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was bought at an average price of $1.38 per share, with a total value of $138,000.00. Following the acquisition, the director now owns 793,992 shares in the company, valued at approximately $1,095,708.96. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders purchased 110,000 shares of company stock valued at $151,250.

An institutional investor recently bought a new position in Matinas BioPharma Holdings stock. California State Teachers Retirement System bought a new position in Matinas BioPharma Holdings Inc (NASDAQ:MTNB) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 93,500 shares of the company’s stock, valued at approximately $158,000. California State Teachers Retirement System owned 0.10% of Matinas BioPharma Holdings as of its most recent SEC filing.

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Matinas BioPharma Holdings Company Profile

Matinas BioPharma Holdings, Inc is a clinical-stage biopharmaceutical company. The Company is engaged in identifying and developing therapeutics for the treatment of serious and life-threatening infections. It is engaged in developing a pipeline of product and development candidates, with an initial focus on serious fungal and bacterial infections.

Earnings History for Matinas BioPharma Holdings (NASDAQ:MTNB)

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