Kailera Therapeutics (NASDAQ:KLRA) Major Shareholder Rtw Investments, Lp Acquires 500,000 Shares of Stock

Kailera Therapeutics, Inc. (NASDAQ:KLRA) major shareholder Rtw Investments, Lp acquired 500,000 shares of the business’s stock in a transaction on Monday, April 20th. The stock was acquired at an average price of $16.00 per share, with a total value of $8,000,000.00. Following the transaction, the insider owned 10,776,820 shares in the company, valued at approximately $172,429,120. The trade was a 4.87% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Kailera Therapeutics Trading Down 3.6%

Shares of KLRA opened at $24.30 on Thursday. Kailera Therapeutics, Inc. has a 52-week low of $23.65 and a 52-week high of $28.23.