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Eleven Biotherapeutics (NASDAQ:EBIO) major shareholder Jafco Super V3 Investment Limi unloaded 2,000 shares of the stock on the open market in a transaction dated Thursday, August 14th. The stock was sold at an average price of $11.75, for a total value of $23,500.00. Following the completion of the sale, the insider now directly owns 2,125,291 shares in the company, valued at approximately $24,972,169. The sale was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Eleven Biotherapeutics (NASDAQ:EBIO) opened at 11.91 on Friday. Eleven Biotherapeutics has a 1-year low of $9.502 and a 1-year high of $19.333. The stock has a 50-day moving average of $12.08 and a 200-day moving average of $13.01. The company’s market cap is $183.3 million.

Eleven Biotherapeutics (NASDAQ:EBIO) last issued its quarterly earnings data on Wednesday, August 13th. The company reported ($0.51) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.47) by $0.04. Analysts expect that Eleven Biotherapeutics will post $-1.84 EPS for the current fiscal year.

Eleven Biotherapeutics, Inc, is a United States-based company, which develops protein-based biotherapeutics.

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