Beta Bionics, Inc. (NASDAQ:BBNX) Major Shareholder Purchases $17,000,000.00 in Stock

Beta Bionics, Inc. (NASDAQ:BBNX) major shareholder Hadley Harbor Aggre Wellington bought 1,000,000 shares of Beta Bionics stock in a transaction that occurred on Friday, January 31st. The stock was purchased at an average price of $17.00 per share, with a total value of $17,000,000.00. Following the purchase, the insider now directly owns 3,901,599 shares in the company, valued at $66,327,183. The trade was a 34.46 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible 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.

Beta Bionics Price Performance

Shares of BBNX stock opened at $22.84 on Thursday. Beta Bionics, Inc. has a fifty-two week low of $21.72 and a fifty-two week high of $24.50.

Beta Bionics Company Profile

We are a commercial-stage medical device company engaged in the design, development and commercialization of innovative solutions to improve the health and quality of life of insulin-requiring people with diabetes (PWD) by utilizing advanced adaptive closed-loop algorithms to simplify and improve the treatment of their disease.