DOVA PHARMACUET (DOVA) Hits New 52-Week High on Insider Buying Activity

DOVA PHARMACUET (NASDAQ:DOVA) shares reached a new 52-week high during trading on Friday after an insider bought additional shares in the company. The company traded as high as $24.06 and last traded at $24.27, with a volume of 49,281 shares. The stock had previously closed at $23.32.

Specifically, VP Kevin Laliberte acquired 6,200 shares of the firm’s stock in a transaction that occurred on Wednesday, July 5th. The stock was purchased at an average cost of $17.00 per share, for a total transaction of $105,400.00. Following the completion of the acquisition, the vice president now owns 6,200 shares of the company’s stock, valued at approximately $105,400. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Alex Sapir purchased 20,100 shares of the firm’s stock in a transaction on Wednesday, July 5th. The shares were purchased at an average price of $17.00 per share, with a total value of $341,700.00. Following the completion of the acquisition, the chief executive officer now directly owns 20,100 shares of the company’s stock, valued at $341,700. The disclosure for this purchase can be found here. Insiders acquired 101,800 shares of company stock valued at $1,798,280 over the last 90 days.

The company’s market cap is $597.26 million.

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About DOVA PHARMACUET

Dova Pharmaceuticals, Inc is a clinical-stage pharmaceutical company. The Company is focused on acquiring, developing and commercializing drug candidates. The Company’s initial focus is on thrombocytopenia, a disorder characterized by a low blood platelet count. The Company is developing avatrombopag for treatment of thrombocytopenia in patients with chronic liver disease (CLD).

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