Insider Buying: Phillip Md Et Al Frost Purchases 15,000 Shares of Opko Health Stock (OPK)
Opko Health (NYSE:OPK) CEO Phillip Md Et Al Frost acquired 15,000 shares of the company’s stock in a transaction dated Wednesday, February 26th. The stock was purchased at an average price of $8.98 per share, for a total transaction of $134,700.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,987,500 shares in the company, valued at approximately $17,847,750. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Opko Health (NYSE:OPK) traded up 0.22% during mid-day trading on Thursday, hitting $8.98. The stock had a trading volume of 672,615 shares. Opko Health has a 1-year low of $6.14 and a 1-year high of $12.95. The stock’s 50-day moving average is $8.37 and its 200-day moving average is $9.21. The company’s market cap is $3.664 billion.
A number of analysts have recently weighed in on OPK shares. Analysts at Barrington Research raised their price target on shares of Opko Health to $11.00 in a research note on Friday, December 20th. Analysts at Jefferies Group reiterated a “buy” rating on shares of Opko Health in a research note on Wednesday, December 18th.
OPKO Health, Inc (NYSE:OPK), incorporated in October 1991, is a multi-national pharmaceutical and diagnostics company.
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