Lyntris Inc. (NYSE:LYNX – Get Free Report) major shareholder Trive Capital Holdings Llc sold 8,333,333 shares of Lyntris 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 of the company’s stock, valued at approximately $209,414,520. This trade represents a 41.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Lyntris Price Performance
NYSE LYNX opened at $14.07 on Wednesday. Lyntris Inc. has a 12 month low of $13.50 and a 12 month high of $16.00.
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