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

Bambusa Therapeutics, Inc. (NASDAQ:BBTX – Get Free Report) major shareholder Salvia Investment Gmbh bought 375,000 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The shares were acquired 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 directly owned 9,264,301 shares of the company’s stock, valued at $148,228,816. This trade represents a 4.22% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Bambusa Therapeutics Stock Up 6.7%

BBTX stock traded up $1.01 during midday trading on Monday, reaching $16.00. 433,191 shares of the company’s stock 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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