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Casdin Partners Master Fund, L.P., a ten percent owner of BioLife Solutions Inc NASDAQ:BLFS, sold 500,000 shares of common stock on August 11, 2025. The shares were sold at a price of $22.60, totaling $11,300,000. The stock, which has surged over 21% in the past week and currently trades at $25.70, appears overvalued according to InvestingPro analysis.
Following the transaction, Casdin Partners Master Fund, L.P. indirectly owns 7,207,165 shares in BioLife Solutions Inc, a company with a market capitalization of $1.23 billion. The reporting owners listed in the filing are Casdin Partners Master Fund, L.P., Casdin Capital, LLC, Casdin Partners GP, LLC, and Casdin Eli. Technical indicators suggest the stock is in overbought territory - discover more insights and 11 additional ProTips with InvestingPro.
In other recent news, BioLife Solutions reported its second-quarter 2025 financial results, revealing a mixed performance. The company achieved total revenue of $25.4 million, marking a 29% increase compared to the previous year and surpassing H.C. Wainwright’s revenue projection of $24.2 million. Despite the strong revenue performance, BioLife Solutions posted a net loss of $15.8 million, or $0.33 per share, which was significantly higher than the anticipated loss due to a $15.5 million in-process R&D expense related to the PanTHERA transaction. H.C. Wainwright responded by raising its price target for BioLife Solutions to $32 from $30 while maintaining a Buy rating. The earnings per share (EPS) of -$0.33 missed the forecasted -$0.03, contributing to investor concerns over profitability. However, the company raised its revenue guidance, signaling confidence in its future sales performance. These developments reflect the company’s ongoing challenges and growth potential.
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