Bambusa Therapeutics, Inc. (NASDAQ:BBTX – Get Free Report) major shareholder Salvia Investment Gmbh bought 375,000 shares of the firm’s stock in a transaction on Monday, November 2nd. The stock was acquired at an average cost of $16.00 per share, with a total value of $6,000,000.00. Following the transaction, the insider owned 9,264,301 shares in the company, valued at $148,228,816. The trade was a 4.22% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Bambusa Therapeutics Stock Performance
BBTX traded up $1.01 during midday trading on Monday, hitting $16.00. 433,191 shares of the company traded hands. Bambusa Therapeutics, Inc. has a 52 week low of $13.60 and a 52 week high of $16.06.
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