BioLife Solutions chief HR officer sells $209,135 in stock

Published 18/03/2025, 23:02
BioLife Solutions chief HR officer sells $209,135 in stock

Sarah Aebersold, Chief Human Resources Officer at BioLife Solutions Inc. (NASDAQ:BLFS), recently sold shares of the company. According to an SEC filing, Aebersold sold a total of 8,327 shares over two transactions, with a combined value of approximately $209,135. These transactions occurred on March 14 and March 17, 2025, with share prices ranging from $24.96 to $25.44. The stock, currently trading at $25.33, has shown remarkable strength with a 52.47% return over the past year, according to InvestingPro data.

Following these transactions, Aebersold holds 43,165 shares of BioLife Solutions. The sales were conducted under a Rule 10b5-1 trading plan, which was adopted in December 2024, as noted in the filing. InvestingPro analysis shows the company maintains a strong financial position with a healthy current ratio of 4.54 and conservative debt levels. Analysts maintain a bullish outlook, with price targets ranging from $30 to $34. Get access to 8 more exclusive ProTips and comprehensive analysis through InvestingPro’s detailed research report.

In other recent news, BioLife Solutions reported strong fourth-quarter results and issued optimistic guidance for 2025, capturing the attention of analysts and investors. The company announced a fourth-quarter revenue of $22.7 million, surpassing analyst estimates and marking a 31% year-over-year increase. BioLife’s Cell Processing segment, a key driver of growth, saw a 37% year-over-year revenue increase to $20.3 million. For the full year of 2024, BioLife reported total revenue of $82.3 million, excluding discontinued operations, and a net loss of $11.4 million, which was smaller than projected. Looking forward, BioLife anticipates total revenue for 2025 to range between $95.5 million and $99 million, reflecting a 16-20% year-over-year growth. Analysts from KeyBanc and H.C. Wainwright have shown confidence in the company’s prospects, with H.C. Wainwright raising the price target to $30 and maintaining a "Buy" rating. Benchmark also reiterated a "Buy" rating with a $30 target, noting BioLife’s better-than-expected financial performance. The company has completed divestitures of non-core assets to focus on its high-margin core business, which is now embedded in 17 approved cell and gene therapies.

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