Insider Buying: Bambusa Therapeutics (NASDAQ:BBTX) Director Buys 375,000 Shares of Stock

Bambusa Therapeutics, Inc. (NASDAQ:BBTX – Get Free Report) Director Helmut Wolfgang Jeggle acquired 375,000 shares of the firm’s stock in a transaction on Monday, November 2nd. The stock was purchased at an average cost of $16.00 per share, with a total value of $6,000,000.00. Following the purchase, the director owned 9,264,301 shares of the company’s stock, valued at $148,228,816. The trade was a 4.22% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Bambusa Therapeutics Trading Up 6.7%

Shares of NASDAQ BBTX traded up $1.01 during midday trading on Monday, hitting $16.00. The company’s stock had a trading volume of 433,191 shares. Bambusa Therapeutics, Inc. has a 12-month low of $13.60 and a 12-month high of $16.06.

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