Lyntris (NYSE:LYNX) Major Shareholder Sells $145,833,327.50 in Stock

Lyntris Inc. (NYSE:LYNX) major shareholder Trive Capital Holdings Llc sold 8,333,333 shares of the firm’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $17.50, for a total value of $145,833,327.50. Following the sale, the insider directly owned 11,966,544 shares in the company, valued at $209,414,520. The trade was a 41.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Lyntris Trading Down 1.5%

LYNX stock opened at $13.80 on Thursday. Lyntris Inc. has a 1-year low of $12.96 and a 1-year high of $16.00.

Lyntris Company Profile

Lyntris Inc is a defense technology company delivering sense-to-act connectivity solutions for the modern, connected battlespace. Lyntris Inc is based in WASHINGTON.