Attovia Therapeutics (NASDAQ:ATTO) Major Shareholder Acquires 500,000 Shares

Attovia Therapeutics, Inc. (NASDAQ:ATTOGet Free Report) major shareholder Goldman Sachs Group Inc acquired 500,000 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The shares were acquired at an average cost of $17.00 per share, for a total transaction of $8,500,000.00. Following the acquisition, the insider directly owned 3,020,632 shares of the company’s stock, valued at $51,350,744. This trade represents a 19.84% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Goldman Sachs Group Inc also recently made the following trade(s):

  • On Wednesday, August 5th, Goldman Sachs Group Inc sold 105,807 shares of Attovia Therapeutics stock. The shares were sold at an average price of $21.28, for a total value of $2,251,572.96.
  • On Wednesday, August 5th, Goldman Sachs Group Inc bought 85,000 shares of Attovia Therapeutics stock. The shares were bought at an average price of $21.00 per share, for a total transaction of $1,785,000.00.

Attovia Therapeutics Trading Up 6.2%

Shares of ATTO traded up $1.12 during trading hours on Thursday, reaching $19.18. The company had a trading volume of 406,507 shares, compared to its average volume of 1,169,091. Attovia Therapeutics, Inc. has a 12-month low of $16.15 and a 12-month high of $22.79.

Institutional Investors Weigh In On Attovia Therapeutics

A hedge fund recently raised its stake in Attovia Therapeutics stock. BlackRock Inc. increased its position in Attovia Therapeutics, Inc. (NASDAQ:ATTOFree Report) by 23.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 164,358 shares of the company’s stock after acquiring an additional 31,189 shares during the period. BlackRock Inc.’s holdings in Attovia Therapeutics were worth $317,000 as of its most recent SEC filing.

About Attovia Therapeutics

(Get Free Report)

Attovia Therapeutics, Inc (NASDAQ: ATTO) is a clinical-stage biopharmaceutical company developing antibody-based medicines for inflammatory and immune-mediated diseases. The company’s research is focused on creating differentiated biologic therapies intended to address significant unmet medical needs.

Attovia uses proprietary antibody-engineering technologies to discover and develop therapeutic candidates, including multispecific antibodies designed to modulate disease-related biological pathways.

Further Reading

Insider Buying and Selling by Quarter for Attovia Therapeutics (NASDAQ:ATTO)

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