Insider Buying: International Stem Cell Corp major shareholder Acquires 1,000,000 Shares of Stock (ISCO)
International Stem Cell Corp (NASDAQ:ISCO) major shareholder Ruslan Semechkin acquired 1,000,000 shares of the stock on the open market in a transaction dated Wednesday, August 6th. The stock was purchased at an average cost of $0.10 per share, with a total value of $100,000.00. Following the completion of the transaction, the insider now directly owns 5,124,497 shares of the company’s stock, valued at approximately $512,450. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of International Stem Cell Corp (NASDAQ:ISCO) remained flat at $0.112 during trading on Friday. 201,800 shares of the company’s stock traded hands. International Stem Cell Corp has a 1-year low of $0.06 and a 1-year high of $0.30. The stock’s 50-day moving average is $0.09 and its 200-day moving average is $0.16. The company’s market cap is $17.8 million.
International Stem Cell Corporation is a biotechnology company. The Company is focused on therapeutic biomedical research and cosmeceutical products.
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