In a filing, Vaxxinity Inc. revealed its Executive Chairman Reese Lou acquired Company’s shares for reported $0.2 million on Jun 16. In the deal valued at $1.99 per share,100,000 shares were bought. As a result of this transaction, Reese Lou now holds 51,737,344 shares worth roughly $ 108.13 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free.
Then, UNITED BIOMEDICAL INC bought 100,000 shares, generating $199,290 in total proceeds. Upon buying the shares at $1.99, the 10% Owner now owns 51,737,344 shares.
Before that, Hu Mei Mei bought 100,000 shares. Vaxxinity Inc. shares valued at $199,290 were divested by the at a price of $1.99 per share. As a result of the transaction, Hu Mei Mei now holds 51,737,344 shares, worth roughly $108.13 million.
Taking this into account, Evercore ISI initiated its Vaxxinity Inc. [VAXX] rating to an In-line in a research note published on Tuesday.
Price Performance Review of VAXX
On Tuesday, Vaxxinity Inc. [NASDAQ:VAXX] saw its stock jump 0.48% to $2.09. On the same session, the stock had its day’s lowest price of $2.05, but rose to a high of $2.19. Over the last five days, the stock has lost -8.33%. Vaxxinity Inc. shares have fallen nearly -62.75% since the year began. A total of 0.67 million shares were traded, compared to the trading of 1.19 million shares in the previous session.
Levels Of Support And Resistance For VAXX Stock
The 24-hour chart illustrates a support level at 2.03, which if violated will result in even more drops to 1.97. On the upside, there is a resistance level at 2.17. A further resistance level may holdings at 2.25. The Relative Strength Index (RSI) on the 14-day chart is 31.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.36%. Stochastics %K at 6.45% indicates the stock is a buying.
Vaxxinity Inc. [VAXX] – Who Are The Largest Shareholders?
In filings from Adage Capital Management LP, it is revealed that the company now owns 1,001,670 shares, or roughly 0.89% of the outstanding VAXX shares. In other words, the investor’s shares have fallen by 0 from its previous 13-F filing of 1001670.0. Additionally, Scoggin Management LP decreased 0.00% of its stake after which the total value it holdings stand at $1,186,533, while Goldman Sachs & Co. LLC reduced -56.10% of its stake to hold $0.41 million in the firm. Over the last quarter, Geode Capital Management LLC sold 0 shares of Vaxxinity Inc., while The Vanguard Group, Inc. sold -3,541 shares. At present, ETF Managers Group LLC is holding 37,841 shares valued at $0.16 million. HRT Financial LLC owned 17,090 shares of the company at the time of its most recent 13F filing, worth $72120.0.
According to FactSet, Vaxxinity Inc.’s share price will average $15.00 in the next year, based on opinions of analysts polled by the firm. This is up nearly 621.15 percent from its previous closing price of $2.08. Analysts expect Vaxxinity Inc. stock to reach the higher price of $18.00, while the lowest price estimate is $12.00. However, 3 analysts have rated VAXX stock as an Overweight in their predictions for 2022.