Amir F. Heshmatpour Buys 3,510 Shares of Neonc Technologies Holdings, Inc. (NASDAQ:NTHI) Stock

Neonc Technologies Holdings, Inc. (NASDAQ:NTHI) President Amir F. Heshmatpour purchased 3,510 shares of the business’s stock in a transaction that occurred on Friday, May 16th. The shares were purchased at an average price of $16.87 per share, for a total transaction of $59,213.70. Following the completion of the acquisition, the president now directly owns 1,760,000 shares in the company, valued at $29,691,200. The trade was a 0.20% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Neonc Technologies Stock Down 2.4%

Shares of NTHI stock opened at $7.25 on Wednesday. Neonc Technologies Holdings, Inc. has a one year low of $4.11 and a one year high of $25.00.

Neonc Technologies (NASDAQ:NTHI) last issued its earnings results on Friday, May 9th. The company reported ($2.10) EPS for the quarter. The business had revenue of $0.04 million for the quarter.

Hedge Funds Weigh In On Neonc Technologies

A hedge fund recently bought a new stake in Neonc Technologies stock. Royal Bank of Canada bought a new position in Neonc Technologies Holdings, Inc. (NASDAQ:NTHI) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 18,525 shares of the company’s stock, valued at approximately $247,000.

About Neonc Technologies

Neonc Technologies Holdings, Inc develops novel molecular technology that provides enhanced targeted delivery of technologies for treating central nervous system diseases. Its lead products in development include NEO100, which is in Phase 2a clinical trials for treating glioblastoma; and NEO212, a covalently conjugated molecule combining the chemotherapeutic drug temozolomide with perillyl alcohol that is completed preclinical testing.