Insider Buying: Gmbh Ipmd Acquires 1,250,000 Shares of Uluru Stock (ULUR)
Uluru (NASDAQ:ULUR) major shareholder Gmbh Ipmd bought 1,250,000 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was purchased at an average price of $0.40 per share, with a total value of $500,000.00. Following the transaction, the insider now directly owns 5,000,000 shares in the company, valued at approximately $2,000,000. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Shares of Uluru (NASDAQ:ULUR) traded down 3.89% on Tuesday, hitting $0.865. 58,426 shares of the company’s stock traded hands. Uluru has a 52 week low of $0.25 and a 52 week high of $0.98. The stock has a 50-day moving average of $0.59 and a 200-day moving average of $0.52. The company’s market cap is $16.0 million.
Uluru (NASDAQ:ULUR) last released its earnings data on Friday, November 15th. The company reported ($0.05) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.06) by $0.01.
ULURU Inc (NASDAQ:ULUR) is a diversified specialty pharmaceutical company.
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