Insider Buying: Bacterin International Holdings major shareholder Purchases 160,000 Shares of Stock (BONE)
Bacterin International Holdings (NASDAQ:BONE) major shareholder Guy S. Cook bought 160,000 shares of the stock in a transaction dated Wednesday, January 15th. The shares were purchased at an average cost of $0.64 per share, for a total transaction of $102,400.00. Following the acquisition, the insider now directly owns 4,760,049 shares in the company, valued at approximately $3,046,431. The purchase was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of Bacterin International Holdings (NASDAQ:BONE) traded up 16.92% during mid-day trading on Friday, hitting $0.76. 1,237,816 shares of the company’s stock traded hands. Bacterin International Holdings has a 1-year low of $0.37 and a 1-year high of $1.48. The stock has a 50-day moving average of $0.47 and a 200-day moving average of $0.56. The company’s market cap is $39.3 million.
Bacterin International Holdings, Inc (NASDAQ:BONE), formerly K-Kitz, Inc, develops, manufactures and markets biologics products to domestic and international markets through Bacterin’s biologics division.
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