Berard, Biolife Solutions’ CMO, sells $7907 in shares

Published 14/10/2025, 22:36
Berard, Biolife Solutions’ CMO, sells $7907 in shares

Todd Berard, Chief Marketing Officer of Biolife Solutions (NASDAQ:BLFS), sold 289 shares of common stock on October 9, 2025, at a price of $27.36, for a total transaction value of $7907. Following the transaction, Berard directly owns 133,617 shares of Biolife Solutions. The sale comes as BLFS trades near its 52-week high of $29.55, with the stock showing strong momentum, up 24% over the past six months. According to InvestingPro data, the company has demonstrated robust revenue growth of 68% and maintains a healthy liquidity position with a current ratio of 4.43.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on January 3, 2023, to cover tax obligations related to the vesting of restricted stock. InvestingPro analysis reveals 10+ additional insights about BLFS’s financial health and market position, available in the comprehensive Pro Research Report, which provides deep-dive analysis of this $1.33 billion market cap company.

In other recent news, BioLife Solutions reported its second-quarter 2025 earnings, showcasing a revenue of $25.42 million, marking a 29% increase year-over-year and surpassing expectations. Despite this positive revenue surprise, the company reported a net loss of $15.8 million, or $0.33 per share, which was larger than anticipated due to a $15.5 million in-process R&D expense related to the PanTHERA transaction. In a strategic move, BioLife Solutions sold its cold chain logistics subsidiary, SAVSU Cleo Technologies, to Peli BioThermal for $25.5 million in cash. Analyst firm H.C. Wainwright responded by raising its price target for BioLife Solutions from $30 to $32, maintaining a Buy rating. KeyBanc also reiterated its Overweight rating on the company, citing potential growth avenues to achieve a long-term revenue target exceeding $250 million by 2030. Meanwhile, during the company’s 2025 annual meeting, shareholders re-elected all seven board members and approved executive compensation and the appointment of Grant Thornton LLP as the independent auditor. These developments reflect a mix of strategic adjustments and continued investor confidence in BioLife Solutions’ future prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.