Bambusa Therapeutics (NASDAQ:BBTX) Stock: Insider Salvia Investment Gmbh Purchases 375,000 Shares

Bambusa Therapeutics, Inc. (NASDAQ:BBTX – Get Free Report) major shareholder Salvia Investment Gmbh purchased 375,000 shares of the company’s stock in a transaction on Monday, November 2nd. The stock was purchased at an average price of $16.00 per share, with a total value of $6,000,000.00. Following the completion of the transaction, the insider owned 9,264,301 shares of the company’s stock, valued at approximately $148,228,816. This trade represents a 4.22% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Bambusa Therapeutics Price Performance

Shares of NASDAQ BBTX opened at $16.00 on Wednesday. Bambusa Therapeutics, Inc. has a 1 year low of $13.60 and a 1 year high of $17.42.

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