Versor Investments LP Buys New Stake in Seer, Inc. (NASDAQ:SEER)

Versor Investments LP bought a new stake in Seer, Inc. (NASDAQ:SEERGet Rating) during the first quarter, HoldingsChannel.com reports. The fund bought 14,300 shares of the company’s stock, valued at approximately $218,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SEER. Nisa Investment Advisors LLC acquired a new position in Seer in the first quarter valued at about $32,000. Allspring Global Investments Holdings LLC acquired a new position in Seer in the fourth quarter valued at about $112,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Seer by 87.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,905 shares of the company’s stock valued at $112,000 after buying an additional 2,292 shares in the last quarter. Ensign Peak Advisors Inc acquired a new position in Seer in the fourth quarter valued at about $185,000. Finally, Handelsbanken Fonder AB acquired a new position in Seer in the fourth quarter valued at about $217,000. Institutional investors own 86.93% of the company’s stock.

Insider Transactions at Seer

In other news, COO Omead Ostadan sold 4,441 shares of the company’s stock in a transaction that occurred on Friday, May 27th. The shares were sold at an average price of $8.06, for a total transaction of $35,794.46. Following the transaction, the chief operating officer now directly owns 378,238 shares in the company, valued at $3,048,598.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, General Counsel Elona Esq. Kogan sold 8,185 shares of the stock in a transaction that occurred on Wednesday, June 8th. The shares were sold at an average price of $8.91, for a total value of $72,928.35. Following the transaction, the general counsel now directly owns 101,370 shares in the company, valued at $903,206.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Omead Ostadan sold 4,441 shares of the stock in a transaction that occurred on Friday, May 27th. The shares were sold at an average price of $8.06, for a total transaction of $35,794.46. Following the completion of the transaction, the chief operating officer now owns 378,238 shares in the company, valued at $3,048,598.28. The disclosure for this sale can be found here. 17.96% of the stock is owned by company insiders.

Seer Price Performance

NASDAQ:SEER opened at $9.00 on Monday. The firm has a market cap of $561.98 million, a PE ratio of -7.09 and a beta of 2.27. Seer, Inc. has a 12 month low of $6.44 and a 12 month high of $45.85. The company’s 50-day moving average price is $8.84 and its two-hundred day moving average price is $11.45.

Seer (NASDAQ:SEERGet Rating) last released its quarterly earnings results on Wednesday, May 4th. The company reported ($0.38) EPS for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.03. Seer had a negative net margin of 794.43% and a negative return on equity of 15.44%. The firm had revenue of $3.31 million for the quarter, compared to analyst estimates of $2.73 million. During the same period in the previous year, the business earned ($0.27) earnings per share. The company’s revenue for the quarter was up 5241.9% compared to the same quarter last year. On average, research analysts expect that Seer, Inc. will post -1.59 EPS for the current fiscal year.

Seer Profile

(Get Rating)

Seer, Inc, a life sciences company, engages in developing and commercializing products to decode the secrets of the proteome. It develops Proteograph Product Suite, an integrated solution that comprises consumables, an automation instrumentation, and software that allows researchers to conduct proteomic studies in therapeutic and diagnostic research, and clinical trials.

See Also

Want to see what other hedge funds are holding SEER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Seer, Inc. (NASDAQ:SEERGet Rating).



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