Cynthia Collins Buys Shares of Codexis, Inc.
Cynthia Collins acquired 66,350 shares of Codexis, Inc. on June 17, 2026.
Key Points
- Cynthia Collins bought 66,350 shares of Codexis, Inc. on June 17, 2026, as an insider transaction.
- Codexis, Inc. trades at $2.48 with a market cap of $233.6 million and a forward P/E of -6.95.
- Institutional investors like BlackRock reduced their holdings in Codexis, while others like Millennium Management increased theirs.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 17, 2026, Cynthia Collins acquired 66,350 shares of Codexis, Inc. (NasdaqGS: CDXS). This insider purchase comes as the stock trades at $2.48.
Insider Buying and Selling at Codexis, Inc.
Cynthia Collins was not alone in her purchase on June 17, 2026. Other insiders, including Richards Christos, Parker Stewart, and Smith David, also bought 66,350 shares each. These transactions were not part of a pre-planned trading program.
Other Institutional Activity in Codexis, Inc.
Several institutional investors have adjusted their positions in Codexis. Aberdeen Group PLC increased its holdings by 713,870 shares, ending with 8,680,368 shares valued at about $14.1 million. Conversely, BlackRock, Inc. trimmed its stake by 366,967 shares, now holding 7,028,773 shares worth approximately $11.5 million. Millennium Management LLC boosted its position by 862,938 shares, reaching 3,998,130 shares valued at $6.5 million.
Codexis, Inc. Stock Up 61.6%
Shares of Codexis, Inc. are trading at $2.48. The company has a market capitalization of $233.6 million and a forward P/E ratio of -6.95, indicating it is not currently profitable. The stock's 52-week range is between $0.96 and $3.87, with a 50-day moving average of $2.57 and a 200-day moving average of $2.02. Codexis has a beta of 2.478, suggesting higher volatility compared to the market.
$CDXS stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analysts have been active in setting price targets for Codexis. On August 29, 2024, Cantor Fitzgerald reiterated its buy rating with a target price of $11.0. Stifel Nicolaus maintained its buy rating, setting a target of $5.0 on May 20, 2024. Piper Sandler also reiterated a buy rating with a $10.0 target on April 26, 2024. Overall, the stock has a consensus recommendation of "buy" with a mean target price of $6.58.
About Codexis, Inc.
Codexis, Inc. is a biotechnology company based in Redwood City, California. It focuses on developing enzyme solutions for the manufacturing of therapeutics. Utilizing its proprietary CodeEvolver technology, Codexis enhances and commercializes novel enzymes. The company also works on its ECO Synthesis manufacturing platform, aiming to facilitate RNAi therapeutics production. Dr. Alison Moore leads the company as CEO, and Codexis operates globally across various regions.
Bottom Line
Cynthia Collins's insider purchase of Codexis shares highlights her confidence in the company's potential. Codexis, trading at $2.48, has seen mixed institutional interest, with some funds increasing and others decreasing their stakes. As analysts continue to provide optimistic price targets, investors will be watching closely. Remember, insider transactions are reported after the fact and might not reflect current positions.
Get Codexis, Inc. alerts
New 13F filings, insider trades, and analyst moves on $CDXS, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.