BlossomHill Therapeutics (NASDAQ:BLSM) Director Buys $10,000,000.00 in Stock

BlossomHill Therapeutics, Inc. (NASDAQ:BLSMGet Free Report) Director Carl Gordon purchased 625,000 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were acquired at an average price of $16.00 per share, with a total value of $10,000,000.00. Following the completion of the acquisition, the director owned 2,714,279 shares of the company’s stock, valued at approximately $43,428,464. The trade was a 29.91% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

BlossomHill Therapeutics Stock Performance

BLSM opened at $16.18 on Friday. BlossomHill Therapeutics, Inc. has a 1-year low of $15.25 and a 1-year high of $17.25.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of BlossomHill Therapeutics to a “hold” rating in a research report on Saturday.

Read Our Latest Stock Report on BLSM

About BlossomHill Therapeutics

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BlossomHill Therapeutics Inc is a clinical-stage biopharmaceutical company applying an intentional, chemistry-based approach to design and develop small molecule medicines which address significant unmet medical needs in cancer treatment. The company’s lead clinical programs include BH-30643. BlossomHill Therapeutics Inc is headquartered in San Diego, California.

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