Recro Pharma Inc (REPH) Major Shareholder Scp Vitalife Partners (Israel) Sells 12,964 Shares of Stock
Recro Pharma Inc (NASDAQ:REPH) major shareholder Scp Vitalife Partners (Israel) sold 12,964 shares of the stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $8.88, for a total value of $115,120.32. Following the completion of the sale, the insider now directly owns 734,269 shares in the company, valued at $6,520,308.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Scp Vitalife Partners (Israel) also recently made the following trade(s):
- On Friday, December 28th, Scp Vitalife Partners (Israel) sold 1,980 shares of Recro Pharma stock. The stock was sold at an average price of $9.44, for a total value of $18,691.20.
Shares of Recro Pharma Inc (NASDAQ:REPH) traded up $0.02 during midday trading on Friday, reaching $8.78. The company’s stock had a trading volume of 139,300 shares, compared to its average volume of 209,567. Recro Pharma Inc has a 1 year low of $5.81 and a 1 year high of $10.59. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.59 and a quick ratio of 1.35. The firm has a market capitalization of $167.91, a price-to-earnings ratio of -4.08 and a beta of -0.50.
A number of hedge funds and other institutional investors have recently modified their holdings of REPH. Schwab Charles Investment Management Inc. acquired a new position in shares of Recro Pharma during the second quarter valued at $215,000. Bank of New York Mellon Corp increased its holdings in shares of Recro Pharma by 182.7% during the second quarter. Bank of New York Mellon Corp now owns 50,532 shares of the specialty pharmaceutical company’s stock valued at $355,000 after purchasing an additional 32,655 shares during the period. Teachers Advisors LLC acquired a new position in shares of Recro Pharma during the second quarter valued at $162,000. TIAA CREF Investment Management LLC acquired a new position in shares of Recro Pharma during the second quarter valued at $249,000. Finally, Northern Trust Corp increased its holdings in shares of Recro Pharma by 428.5% during the second quarter. Northern Trust Corp now owns 178,437 shares of the specialty pharmaceutical company’s stock valued at $1,254,000 after purchasing an additional 144,676 shares during the period. 61.55% of the stock is currently owned by hedge funds and other institutional investors.
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About Recro Pharma
Recro Pharma, Inc is a clinical-stage specialty pharmaceutical company. The Company is engaged in developing products for hospitals and ambulatory care settings that is developing non-opioid products for treatment of serious acute pain. The Company’s lead product candidate is an injectable form of meloxicam.
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