Insider Buying: Electra Therapeutics (NASDAQ:ETRA) Director Purchases $19,999,995.00 in Stock

Electra Therapeutics, Inc. (NASDAQ:ETRAGet Free Report) Director Carl Gordon bought 1,333,333 shares of the stock in a transaction dated Monday, September 21st. The stock was bought at an average cost of $15.00 per share, with a total value of $19,999,995.00. Following the purchase, the director owned 5,126,891 shares in the company, valued at $76,903,365. The trade was a 35.15% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Electra Therapeutics Stock Performance

ETRA stock traded down $0.95 during trading on Wednesday, hitting $12.67. 874,135 shares of the company traded hands, compared to its average volume of 708,715. Electra Therapeutics, Inc. has a 1 year low of $12.50 and a 1 year high of $15.50.

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