Insider Buying: Cadus Director Buys 10,000 Shares of Stock (KDUS)
Cadus (NASDAQ:KDUS) Director Jack Gumpert Wasserman bought 10,000 shares of Cadus stock in a transaction that occurred on Tuesday, August 19th. The shares were purchased at an average price of $1.54 per share, for a total transaction of $15,400.00. Following the completion of the acquisition, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $15,400. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Cadus (NASDAQ:KDUS) opened at 1.62 on Friday. Cadus has a 52-week low of $1.40 and a 52-week high of $1.89. The stock has a 50-day moving average of $1.66 and a 200-day moving average of $1.5. The company’s market cap is $42.6 million.
Cadus Corporation (NASDAQ:KDUS) has a wholly owned subsidiary, Cadus Technologies, Inc (the Subsidiary), which holds all patents, patent applications, know how, licenses and drug discovery technologies of the Company.
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