Lyntris Inc. (NYSE:LYNX – Get Free Report) major shareholder Trive Capital Holdings Llc sold 8,333,333 shares of the firm’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $17.50, for a total transaction of $145,833,327.50. Following the completion of the sale, the insider owned 11,966,544 shares of the company’s stock, valued at $209,414,520. This trade represents a 41.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Lyntris Stock Down 3.4%
LYNX stock traded down $0.53 on Monday, reaching $15.18. 554,699 shares of the company’s stock were exchanged, compared to its average volume of 1,321,266. Lyntris Inc. has a twelve month low of $14.28 and a twelve month high of $16.00.
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