New insider activity at Xoma ( (XOMA) ) has taken place on April 3, 2025.
In recent transactions, Xoma’s SVP, Finance & CFO, Thomas M. Burns, acquired 1,000 shares of the company’s stock, amounting to a total investment of $25,460. Similarly, CIO Bradley Sitko also purchased 1,000 shares, with his investment totaling $19,980.
Recent Updates on XOMA stock
Xoma Corp. has reported significant financial growth for 2024, with total income and revenues increasing to $28.5 million, up from $4.8 million in 2023. This growth was driven by an expansion in its royalty and milestone portfolio, which doubled to over 120 assets, and strategic acquisitions including Kinnate Biopharma and Pulmokine Inc. Despite a net loss of $13.8 million due to non-cash credit losses, Xoma remains optimistic about achieving consistent cash flow positivity, supported by anticipated royalty payments. The company is well-positioned with over $100 million in cash and expects key developments in 2025, including Phase 3 study results and potential new product approvals, which could enhance shareholder value. The recent price target adjustment reflects these strategic developments and the financial outlook.
More about Xoma
YTD Price Performance: -25.77%
Average Trading Volume: 40,746
Technical Sentiment Signal: Buy
Current Market Cap: $238.7M