New insider activity at Codexis ( (CDXS) ) has taken place on April 10, 2025.
Opaleye Management Inc., a significant shareholder, has made a notable investment by purchasing 100,000 shares of Codexis stock, amounting to a total value of $198,000.
Spark’s Take on CDXS Stock
According to Spark, TipRanks’ AI Analyst, CDXS is a Neutral.
Codexis faces significant financial challenges, with declining revenues and persistent losses weighing heavily on its stock score. Technical analysis suggests bearish trends with limited upside momentum. While future guidance from the earnings call and strategic board changes offer some optimism, the stock remains risky due to valuation concerns and operational inefficiencies.
To see Spark’s full report on CDXS stock, click here.
More about Codexis
YTD Price Performance: -60.60%
Average Trading Volume: 914,346
Technical Sentiment Signal: Strong Buy
Current Market Cap: $170.2M