City Therapeutics (NASDAQ:CTY) Stock: Insider Robert Nelsen Purchases 170,000 Shares

City Therapeutics, Inc. (NASDAQ:CTY – Get Free Report) Director Robert Nelsen purchased 170,000 shares of the firm’s stock in a transaction on Monday, October 19th. The stock was bought at an average price of $18.00 per share, with a total value of $3,060,000.00. Following the acquisition, the director owned 13,692,507 shares in the company, valued at $246,465,126. This trade represents a 1.26% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

City Therapeutics Stock Down 4.2%

NASDAQ:CTY traded down $0.94 during trading hours on Monday, hitting $21.46. The stock had a trading volume of 302,365 shares. City Therapeutics, Inc. has a 1-year low of $20.50 and a 1-year high of $23.88.

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