Insider Selling: Eleven Biotherapeutics major shareholder Sells 2,000 Shares of Stock (EBIO)
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 Tuesday, August 26th. The stock was sold at an average price of $11.54, for a total value of $23,080.00. Following the transaction, the insider now directly owns 2,119,526 shares of the company’s stock, valued at approximately $24,459,330. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Eleven Biotherapeutics (NASDAQ:EBIO) traded up 2.21% during mid-day trading on Wednesday, hitting $11.11. 5,990 shares of the company’s stock traded hands. Eleven Biotherapeutics has a one year low of $9.502 and a one year high of $19.333. The stock’s 50-day moving average is $11.70 and its 200-day moving average is $12.94. The company’s market cap is $171.0 million.
Eleven Biotherapeutics (NASDAQ:EBIO) last posted its quarterly earnings results on Wednesday, August 13th. The company reported ($0.51) EPS for the quarter, missing the Thomson Reuters 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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