Sera Prognostics chief information officer Paul Kearney sells $99,564 in inventory

SALT LAKE CITY, Utah — Paul Kearney, the Chief Knowledge Officer at Sera Prognostics, Inc. (NASDAQ:SERA), lately executed inventory gross sales totaling $99,564, in accordance with a submitting with the Securities and Trade Fee. The transactions, which occurred on January 10, have been carried out below a Rule 10b5-1 buying and selling plan. The gross sales come as SERA shares have declined 23.4% over the previous week, with the inventory at present buying and selling at $6.37, giving the corporate a market capitalization of $216 million.

Kearney bought a complete of 13,419 shares of Class A Frequent Inventory in two separate transactions. The primary transaction concerned the sale of 12,275 shares at a weighted common value of $7.36, with costs ranging between $7.00 and $7.99. The second transaction noticed 1,144 shares bought at a weighted common value of $8.06, with costs starting from $8.02 to $8.13.

Following these transactions, Kearney retains direct possession of 163,470 shares of Sera Prognostics.

In different current information, Sera Prognostics disclosed top-line outcomes from the PRIME examine, specializing in enhancing neonatal outcomes via prematurity danger evaluation coupled with medical interventions. The Society for Maternal Fetal Medication (SMFM) revealed an summary of those outcomes, with a complete presentation scheduled for later. Sera Prognostics plans to host a convention name and dwell audio webcast for a extra in-depth dialogue of those outcomes.

In monetary developments, Sera Prognostics reported a lower in internet income to $29,000 from $42,000 in the identical quarter of the earlier yr. The corporate’s working bills rose by 8% to $8.9 million, and the online loss elevated by 10% to $7.9 million. Nonetheless, the corporate maintains a powerful money reserve of $74.3 million, projected to maintain operations into 2027.

The corporate can also be specializing in its PreTRM take a look at, aiming to reinforce its adoption to deal with rising preterm start charges within the U.S. Regardless of an 8% improve in working bills, the corporate noticed a 227% surge in web site visitors as a result of elevated accessibility and academic campaigns. CEO Evguenia Lindgardt highlighted the forthcoming publication of the PRIME medical examine outcomes, that are anticipated to play an important position in securing payer help and influencing medical pointers.

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