BlossomHill Therapeutics, Inc. (NASDAQ:BLSM – Get Free Report) Director Orbimed Advisors Llc purchased 625,000 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were purchased at an average price of $16.00 per share, for a total transaction of $10,000,000.00. Following the completion of the purchase, the director owned 2,714,279 shares of the company’s stock, valued at approximately $43,428,464. This trade represents a 29.91% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
BlossomHill Therapeutics Stock Performance
NASDAQ:BLSM traded down $0.28 during mid-day trading on Wednesday, reaching $16.24. The stock had a trading volume of 424,181 shares, compared to its average volume of 390,293. BlossomHill Therapeutics, Inc. has a twelve month low of $15.25 and a twelve month high of $17.25.
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