Insider Buying: Beta Bionics, Inc. (NASDAQ:BBNX) Major Shareholder Acquires 1,000,000 Shares of Stock

Beta Bionics, Inc. (NASDAQ:BBNX) major shareholder Hadley Harbor Aggre Wellington purchased 1,000,000 shares of the business’s stock in a transaction on Friday, January 31st. The shares were bought at an average cost of $17.00 per share, for a total transaction of $17,000,000.00. Following the completion of the transaction, the insider now directly owns 3,901,599 shares in the company, valued at $66,327,183. This trade represents a 34.46 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Beta Bionics Trading Down 0.7 %

Shares of BBNX stock opened at $22.84 on Thursday. Beta Bionics, Inc. has a 52-week low of $21.72 and a 52-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.