Wellington Management Group LLP purchased a new stake in Evolus, Inc. (NASDAQ:EOLS – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 169,934 shares of the company’s stock, valued at approximately $1,179,000.
A number of other institutional investors have also modified their holdings of the business. Nantahala Capital Management LLC acquired a new stake in Evolus during the second quarter worth about $38,878,026. AWH Capital L.P. bought a new position in Evolus in the second quarter worth about $4,337,500. Seven Fleet Capital Management LP acquired a new position in Evolus in the second quarter valued at approximately $541,716. Pure Financial Advisors LLC acquired a new position in Evolus in the second quarter valued at approximately $124,000. Finally, Corient Private Wealth LP bought a new position in shares of Evolus during the second quarter valued at approximately $437,000. Institutional investors own 90.69% of the company’s stock.
Evolus Trading Down 0.9%
NASDAQ EOLS opened at $7.84 on Friday. The company has a 50-day moving average price of $7.42 and a two-hundred day moving average price of $6.23. Evolus, Inc. has a 52 week low of $3.86 and a 52 week high of $9.31. The stock has a market cap of $517.83 million, a price-to-earnings ratio of -15.08 and a beta of 1.42.
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Insider Transactions at Evolus
In other news, insider David Moatazedi sold 105,108 shares of the stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $9.04, for a total value of $950,176.32. Following the completion of the transaction, the insider owned 499,592 shares of the company’s stock, valued at approximately $4,516,311.68. This represents a 17.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 5.00% of the company’s stock.
About Evolus
Evolus, Inc is a specialty pharmaceutical company focused on medical aesthetics. Headquartered in Newport Beach, California, Evolus develops and commercializes products designed to enhance facial appearance through minimally invasive procedures. Since its founding in 2017, the company has positioned itself in the fast-growing aesthetic market by partnering with leading manufacturers and leveraging clinical expertise to bring innovative injectables to practitioners and patients.
The company’s flagship offering, Jeuveau (prabotulinumtoxinA-xvfs), is a neuromodulator approved by the U.S.
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