Insider Buying: Septerna, Inc. (NASDAQ:SEPN) Major Shareholder Acquires 370,500 Shares of Stock

Septerna, Inc. (NASDAQ:SEPNGet Free Report) major shareholder Rock Ventures V. L.P. Third purchased 370,500 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The stock was acquired at an average price of $18.00 per share, for a total transaction of $6,669,000.00. Following the purchase, the insider now owns 6,215,591 shares of the company’s stock, valued at approximately $111,880,638. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Septerna Stock Performance

SEPN stock traded down $0.65 during midday trading on Monday, hitting $20.75. 431,564 shares of the company’s stock were exchanged. Septerna, Inc. has a 12-month low of $19.77 and a 12-month high of $25.62.

Septerna Company Profile

(Get Free Report)

We are a clinical-stage biotechnology company pioneering a new era of G protein-coupled receptor (GPCR) oral small molecule drug discovery powered by our proprietary Native Complex Platform™. Our industrial-scale platform aims to unlock the full potential of GPCR therapies and has led to the discovery and development of our deep pipeline of product candidates focused initially on treating patients in three therapeutic areas: endocrinology, immunology and inflammation, and metabolic diseases.

Further Reading

Receive News & Ratings for Septerna Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Septerna and related companies with MarketBeat.com's FREE daily email newsletter.