Tyme Technologies, Inc. (NASDAQ:TYME) Director Steve Hoffman Sells 78,125 Shares

Tyme Technologies, Inc. (NASDAQ:TYME – Get Rating) Director Steve Hoffman sold 78,125 shares of the firm’s stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $0.24, for a total value of $18,750.00. Following the transaction, the director now directly owns 20,413,191 shares in the company, valued at $4,899,165.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Steve Hoffman also recently made the following trade(s):

• On Monday, May 9th, Steve Hoffman sold 78,125 shares of Tyme Technologies stock. The shares were sold at an average price of $0.31, for a total value of $24,218.75.
• On Wednesday, April 27th, Steve Hoffman sold 78,125 shares of Tyme Technologies stock. The stock was sold at an average price of $0.32, for a total value of $25,000.00.
• On Monday, April 11th, Steve Hoffman sold 78,125 shares of Tyme Technologies stock. The stock was sold at an average price of $0.31, for a total value of $24,218.75.
• On Monday, March 28th, Steve Hoffman sold 78,125 shares of Tyme Technologies stock. The stock was sold at an average price of $0.34, for a total value of $26,562.50.
• On Thursday, March 10th, Steve Hoffman sold 78,125 shares of Tyme Technologies stock. The stock was sold at an average price of $0.31, for a total value of $24,218.75.

NASDAQ TYME opened at $0.26 on Friday. The stock has a market capitalization of $44.77 million, a PE ratio of -1.86 and a beta of 1.09. Tyme Technologies, Inc. has a 1 year low of $0.22 and a 1 year high of $2.02. The business’s 50-day moving average is $0.31 and its 200 day moving average is $0.46.

Several hedge funds and other institutional investors have recently bought and sold shares of TYME. Renaissance Technologies LLC lifted its holdings in Tyme Technologies by 239.5% in the first quarter. Renaissance Technologies LLC now owns 1,260,811 shares of the company’s stock worth $441,000 after buying an additional 889,453 shares during the period. GSA Capital Partners LLP lifted its holdings in Tyme Technologies by 224.1% in the first quarter. GSA Capital Partners LLP now owns 585,966 shares of the company’s stock worth $205,000 after buying an additional 405,143 shares during the period. Healthcare Value Capital LLC lifted its holdings in Tyme Technologies by 33.3% in the third quarter. Healthcare Value Capital LLC now owns 2,000,000 shares of the company’s stock worth $2,060,000 after buying an additional 500,000 shares during the period. BlackRock Inc. lifted its holdings in Tyme Technologies by 8.7% in the third quarter. BlackRock Inc. now owns 2,084,696 shares of the company’s stock worth $2,147,000 after buying an additional 166,889 shares during the period. Finally, Morgan Stanley lifted its holdings in Tyme Technologies by 382.3% in the first quarter. Morgan Stanley now owns 276,924 shares of the company’s stock worth $493,000 after buying an additional 219,507 shares during the period. 21.00% of the stock is currently owned by institutional investors.

About Tyme Technologies (Get Rating)

Tyme Technologies, Inc, a biotechnology company, develops cancer metabolism-based therapies (CMBTs) in the United States. Its lead candidate is the SM-88, a CMBT that is in a Phase II/III clinical trial to treat across 15 types of cancer, including pancreatic, lung, breast, prostate, sarcoma, and lymphoma.

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