Cellular Biomedicine Group Inc (CBMG) Insider Yihong Yao Acquires 4,167 Shares
Cellular Biomedicine Group Inc (NASDAQ:CBMG) insider Yihong Yao bought 4,167 shares of Cellular Biomedicine Group stock in a transaction dated Friday, December 22nd. The shares were bought at an average price of $12.00 per share, for a total transaction of $50,004.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Cellular Biomedicine Group Inc (NASDAQ:CBMG) traded down $0.25 during mid-day trading on Thursday, hitting $10.30. 29,000 shares of the stock were exchanged, compared to its average volume of 33,461. Cellular Biomedicine Group Inc has a 12 month low of $5.05 and a 12 month high of $13.80. The firm has a market capitalization of $146.41, a price-to-earnings ratio of -5.95 and a beta of 2.82.
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Cellular Biomedicine Group during the third quarter worth approximately $107,000. Susquehanna International Group LLP bought a new stake in shares of Cellular Biomedicine Group during the second quarter worth approximately $320,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of Cellular Biomedicine Group during the second quarter worth approximately $540,000. 4.03% of the stock is owned by institutional investors and hedge funds.
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Cellular Biomedicine Group, Inc (CBMG) is a biomedicine company. The Company is engaged in the development of treatments for cancerous and degenerative diseases utilizing cell-based technologies. The Company operates in Biomedicine Cell Therapy segment. The Company’s technology includes platforms, such as Immune Cell therapy for treatment of broad range of cancers using Vaccine, T Cells Receptor (TCR) clonality analysis technology and T Central Memory Cell (Tcm) preparation methodologies, Chimeric Antigen Receptor T cell (CAR-T), and human adipose-derived mesenchymal progenitor cells (haMPC) for treatment of joint and autoimmune diseases, with primary research and manufacturing facilities in China.
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