BlossomHill Therapeutics (NASDAQ:BLSM) Director Purchases $10,000,000.00 in Stock

BlossomHill Therapeutics, Inc. (NASDAQ:BLSMGet Free Report) Director Orbimed Advisors Llc acquired 625,000 shares of BlossomHill Therapeutics stock in a transaction that occurred on Monday, August 10th. The stock was bought at an average price of $16.00 per share, with a total value of $10,000,000.00. Following the purchase, the director directly owned 2,714,279 shares of the company’s stock, valued at approximately $43,428,464. This trade represents a 29.91% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

BlossomHill Therapeutics Price Performance

BLSM stock traded down $0.28 during trading on Wednesday, reaching $16.24. 424,181 shares of the company were exchanged, compared to its average volume of 390,293. BlossomHill Therapeutics, Inc. has a 52-week low of $15.25 and a 52-week high of $17.25.

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