Athenex Inc (NASDAQ:ATNX) Director Manson Fok purchased 30,000 shares of the business’s stock in a transaction on Wednesday, February 7th. The stock was purchased at an average cost of $14.31 per share, for a total transaction of $429,300.00. Following the completion of the acquisition, the director now directly owns 1,799,609 shares of the company’s stock, valued at approximately $25,752,404.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Athenex Inc (ATNX) opened at $14.12 on Friday. Athenex Inc has a 1-year low of $11.21 and a 1-year high of $20.79.

Athenex (NASDAQ:ATNX) last announced its quarterly earnings data on Thursday, November 9th. The company reported ($0.30) earnings per share for the quarter. sell-side analysts forecast that Athenex Inc will post -2.3 earnings per share for the current year.

Several equities analysts have issued reports on ATNX shares. JPMorgan Chase & Co. initiated coverage on shares of Athenex in a report on Wednesday, October 18th. They issued a “neutral” rating and a $22.20 price target on the stock. BidaskClub lowered shares of Athenex from a “hold” rating to a “sell” rating in a report on Thursday, January 4th. Finally, Deutsche Bank set a $20.00 price objective on shares of Athenex and gave the company a “buy” rating in a report on Wednesday, January 17th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $27.80.

Institutional investors and hedge funds have recently made changes to their positions in the company. Private Advisor Group LLC purchased a new stake in shares of Athenex during the fourth quarter valued at $161,000. California State Teachers Retirement System purchased a new stake in shares of Athenex during the third quarter valued at $198,000. Bank of New York Mellon Corp purchased a new stake in shares of Athenex during the second quarter valued at $240,000. Tudor Investment Corp ET AL purchased a new stake in shares of Athenex during the second quarter valued at $320,000. Finally, Virtus Fund Advisers LLC purchased a new stake in shares of Athenex during the fourth quarter valued at $333,000. 2.69% of the stock is currently owned by hedge funds and other institutional investors.

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About Athenex

Athenex, Inc is an oncology pharmaceutical company focused on the development and commercialization of therapies for cancer diseases and supportive therapies. The Company’s technology platform is organized into three categories, including Oral Absorption Platform, Src Kinase Inhibitors and Symptom Therapeutics.

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