Electra Therapeutics, Inc. (NASDAQ:ETRA – Get Free Report) Director Orbimed Advisors Llc acquired 1,333,333 shares of the company’s stock in a transaction on Monday, September 21st. The stock was acquired at an average cost of $15.00 per share, for a total transaction of $19,999,995.00. Following the completion of the purchase, the director directly owned 5,126,891 shares of the company’s stock, valued at approximately $76,903,365. This represents a 35.15% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Electra Therapeutics Price Performance
Shares of NASDAQ:ETRA traded down $0.95 during midday trading on Wednesday, hitting $12.67. 874,135 shares of the company’s stock were exchanged, compared to its average volume of 708,715. Electra Therapeutics, Inc. has a 12 month low of $12.50 and a 12 month high of $15.50.
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