Insider Buying: Altimmune, Inc. (ALT) Director Buys 6,295 Shares of Stock
Altimmune, Inc. (NYSEARCA:ALT) Director Derace L. Schaffer acquired 6,295 shares of the stock in a transaction dated Friday, November 17th. The stock was acquired at an average cost of $2.12 per share, with a total value of $13,345.40. Following the purchase, the director now owns 227,999 shares of the company’s stock, valued at approximately $483,357.88. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Altimmune, Inc. has a 1-year low of $49.37 and a 1-year high of $54.24.
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Separately, Piper Jaffray Companies started coverage on shares of Altimmune in a research note on Monday, October 9th. They issued an “overweight” rating and a $6.00 price objective for the company.
Altimmune Company Profile
iShares Diversified Alternatives Trust (the Trust) is a commodity pool. The investment objective of the Trust is to maximize absolute returns from its investments in certain futures and/or forward contracts. The Trust holds long and/or short positions in foreign currency forward contracts and exchange-traded futures contracts involving assets, such as commodities, currencies, interest rates or certain eligible stock and/or bond indices.
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