Casdin Partners Sells 500k Shares in Biolife Solutions at $22.6/Share.

Biolife Solutions Inc. (BLFS) has announced that Casdin Partners Master Fund, L.P., a 10% owner of the company, has sold 500,000 shares at a price of $22.6 per share on August 11, 2025.

Biolife Solutions Inc. (BLFS) has announced that Casdin Partners Master Fund, L.P., a 10% owner of the company, sold 500,000 shares at a price of $22.6 per share on August 11, 2025. The transaction was reported pursuant to Section 16(a) of the Securities Exchange Act of 1934, as required by the U.S. Securities and Exchange Commission (SEC).

The sale of 500,000 shares represents a significant reduction in the ownership stake of Casdin Partners Master Fund, L.P. in Biolife Solutions Inc. The fund's ownership of Biolife Solutions Inc. securities decreased from 7,207,165 shares to 6,707,165 shares following the transaction. The transaction code for the sale was 'D' (Disposed), indicating that the shares were sold.

The sale price of $22.6 per share is notable, as it is higher than the average price of Biolife Solutions Inc. shares over the past year. The current stock price of Biolife Solutions Inc. is $20.64, as of July 2, 2025 [3]. The sale price of $22.6 per share suggests that Casdin Partners Master Fund, L.P. may have sold the shares at a premium to the current market price.

The sale of shares by Casdin Partners Master Fund, L.P. comes at a time when Biolife Solutions Inc. has reported mixed financial results. The company reported a quarterly adjusted loss of 1 cent per share for the quarter ended June 30, 2025, which was higher than the same quarter last year when the company reported EPS of -50 cents [2]. However, the company's revenue fell by 10.3% to $25.42 million, which was less than the expected $23.71 million [2].

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. BioLife Solutions shares have lost about 18.8% since the beginning of the year [4].

References:
[1] https://www.sec.gov/Archives/edgar/data/0000834365/000091957425004702/xslF345X05/ownership.xml
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3U0071:0-biolife-solutions-inc-reports-results-for-the-quarter-ended-june-30-earnings-summary/
[3] https://nz.finance.yahoo.com/quote/BLFS/
[4] https://www.nasdaq.com/articles/biolife-solutions-inc-blfs-reports-break-even-earnings-q2