Ophthotech Corp Major Shareholder Hbm Healthcare Investments (Ca Buys 228,000 Shares (OPHT)
Ophthotech Corp (NASDAQ:OPHT) major shareholder Hbm Healthcare Investments (Ca bought 228,000 shares of Ophthotech Corp stock in a transaction dated Monday, September 30th. The stock was purchased at an average cost of $22.00 per share, with a total value of $5,016,000.00. Following the completion of the purchase, the insider now directly owns 3,639,902 shares in the company, valued at approximately $80,077,844. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Ophthotech Corp (NASDAQ:OPHT) traded up 1.53% during mid-day trading on Thursday, hitting $33.24. 392,596 shares of the company’s stock traded hands. Ophthotech Corp has a 1-year low of $23.00 and a 1-year high of $32.75. The stock has a 50-day moving average of $29.33 and a 200-day moving average of $29.33. The company’s market cap is $1.001 billion.
Ophthotech Corporation is a biopharmaceutical company specializing in the development of therapeutics to treat diseases of the eye.
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