David Horn Sells 6,827 Shares of Seer (NASDAQ:SEER) Stock

Seer, Inc. (NASDAQ:SEER) CFO David Horn sold 6,827 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $2.04, for a total value of $13,927.08. Following the sale, the chief financial officer directly owned 436,802 shares of the company’s stock, valued at $891,076.08. This represents a 1.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Seer Stock Performance

Shares of NASDAQ:SEER opened at $2.11 on Friday. The business’s 50 day simple moving average is $2.12 and its two-hundred day simple moving average is $2.06. The firm has a market cap of $118.88 million, a P/E ratio of -1.52 and a beta of 1.57. Seer, Inc. has a 52-week low of $1.59 and a 52-week high of $2.63.

Seer (NASDAQ:SEER) last announced its quarterly earnings results on Wednesday, August 6th. The company reported ($0.33) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.06. The business had revenue of $4.05 million for the quarter, compared to analyst estimates of $3.75 million. Seer had a negative return on equity of 25.10% and a negative net margin of 506.15%. On average, equities analysts forecast that Seer, Inc. will post -1.42 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its holdings in Seer by 27.0% in the fourth quarter. Renaissance Technologies LLC now owns 843,700 shares of the company’s stock worth $1,949,000 after acquiring an additional 179,568 shares in the last quarter. Bridgeway Capital Management LLC boosted its holdings in Seer by 15.5% in the second quarter. Bridgeway Capital Management LLC now owns 837,443 shares of the company’s stock worth $1,792,000 after acquiring an additional 112,100 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in Seer by 16.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 719,901 shares of the company’s stock worth $1,663,000 after acquiring an additional 103,630 shares in the last quarter. Two Sigma Advisers LP lifted its holdings in shares of Seer by 24.2% in the fourth quarter. Two Sigma Advisers LP now owns 681,900 shares of the company’s stock valued at $1,575,000 after purchasing an additional 132,800 shares in the last quarter. Finally, Millennium Management LLC boosted its position in shares of Seer by 9.1% during the fourth quarter. Millennium Management LLC now owns 615,812 shares of the company’s stock valued at $1,423,000 after buying an additional 51,150 shares during the last quarter. Institutional investors own 75.20% of the company’s stock.

About Seer

Seer, Inc, a life sciences company, engages in developing and commercializing products to decode the biology of the proteome. It develops Proteograph Product Suite, an integrated solution that includes proprietary engineered nanoparticles, consumables, automation instrumentation, and software to perform proteomic analysis to provide a solution that can be incorporated by nearly any lab for research use only.