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Phibro Animal Health Corp (NASDAQ:PAHC) major shareholder L.P. Mayflower sold 6,323,867 shares of the company’s stock in a transaction that occurred on Wednesday, April 16th. The shares were sold at an average price of $13.99, for a total value of $88,470,899.33. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Phibro Animal Health Corp (NASDAQ:PAHC) traded up 0.43% during mid-day trading on Wednesday, hitting $16.31. The stock had a trading volume of 101,250 shares. Phibro Animal Health Corp has a 52 week low of $1.60 and a 52 week high of $17.66. The stock has a 50-day moving average of $9.23 and a 200-day moving average of $9.23. The company has a market cap of $1.124 billion and a price-to-earnings ratio of 61.05.

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