Kardigan, Inc. (NASDAQ:KARD – Get Free Report) Director Arch Venture Partners Xiii, Ll bought 1,250,000 shares of Kardigan stock in a transaction on Monday, June 22nd. The shares were acquired at an average price of $16.00 per share, for a total transaction of $20,000,000.00. Following the completion of the acquisition, the director owned 15,042,035 shares in the company, valued at $240,672,560. This represents a 9.06% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Kardigan Trading Up 4.3%
Shares of KARD stock opened at $23.54 on Friday. Kardigan, Inc. has a 52 week low of $16.25 and a 52 week high of $24.86.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded Kardigan to a “hold” rating in a report on Saturday.
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