Foresite Capital Management V, Purchases 140,000 Shares of Latigo Biotherapeutics (NASDAQ:LTGO) Stock

Latigo Biotherapeutics, Inc. (NASDAQ:LTGOGet Free Report) major shareholder Foresite Capital Management V, purchased 140,000 shares of Latigo Biotherapeutics stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average price of $18.00 per share, with a total value of $2,520,000.00. Following the acquisition, the insider directly owned 2,008,024 shares of the company’s stock, valued at $36,144,432. This trade represents a 7.49% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Latigo Biotherapeutics Stock Performance

NASDAQ:LTGO traded up $0.31 on Monday, hitting $18.56. The company’s stock had a trading volume of 598,445 shares. Latigo Biotherapeutics, Inc. has a one year low of $17.22 and a one year high of $22.47.

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