Aim Immunotech’s COO Peter Rodino III acquires shares for $43

Published 04/04/2025, 22:24
Aim Immunotech’s COO Peter Rodino III acquires shares for $43

Peter W. Rodino III, the Chief Operating Officer, Secretary, and General Counsel of AIM ImmunoTech Inc. (AMEX:NYSE:AIM), recently acquired 500 shares of the company’s common stock. The purchase was made on April 4, 2025, at a price of $0.087 per share, amounting to a total transaction value of $43. The purchase comes as the stock trades near its 52-week low of $0.11, having declined about 78% over the past year. According to InvestingPro analysis, the company maintains a weak financial health score of 1.29. Following this acquisition, Rodino’s total direct ownership stands at 401,762 shares. This transaction reflects Rodino’s continued investment in the Ocala, Florida-based biotech firm, despite analysts projecting continued losses for the current fiscal year. Discover more insights about AIM’s valuation and growth prospects with InvestingPro, which offers 10+ additional exclusive tips for this stock.

In other recent news, Aimia reported a strong performance for the fourth quarter of 2024, with a 27% increase in revenue, reaching $127.2 million. The company also managed to reduce its net loss by $17.8 million, bringing it down to $42.1 million. Despite these positive financial results, Aimia missed its earnings per share (EPS) expectations slightly, reporting an actual EPS of -$0.10 compared to the forecast of -$0.09. Looking ahead, Aimia projects its adjusted EBITDA for 2025 to range between $88 million and $95 million, reflecting a 13.8% improvement. Meanwhile, AIM ImmunoTech is facing a delisting from the NYSE American exchange due to a persistently low stock price. The company plans to appeal the decision, though it acknowledges the uncertainty of a successful outcome. AIM ImmunoTech’s stock is set to begin trading on the Pink Open Market, and further details are available in the company’s SEC filings.

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