Insider Buying: Odyssey Therapeutics (NASDAQ:ODTX) Major Shareholder Buys 1,388,889 Shares of Stock

Key Points

  • Odyssey Therapeutics major shareholder Tpg Gp A, LLC bought 1,388,889 shares on May 11 at an average price of $18.00 per share, totaling about $25.0 million.
  • After the purchase, the insider’s holdings increased to 3,690,146 shares, valued at roughly $66.4 million, marking a 60.35% increase in its position.
  • The transaction was disclosed in an SEC filing, and Odyssey Therapeutics shares recently opened at $17.94, within a 12-month range of $15.35 to $20.30.

Odyssey Therapeutics, Inc. (NASDAQ:ODTX - Get Free Report) major shareholder Tpg Gp A, Llc bought 1,388,889 shares of Odyssey Therapeutics stock in a transaction dated Monday, May 11th. The stock was purchased at an average cost of $18.00 per share, for a total transaction of $25,000,002.00. Following the completion of the acquisition, the insider directly owned 3,690,146 shares of the company's stock, valued at approximately $66,422,628. The trade was a 60.35% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.

Odyssey Therapeutics Price Performance

Shares of Odyssey Therapeutics stock opened at $17.94 on Thursday. Odyssey Therapeutics, Inc. has a 12 month low of $15.35 and a 12 month high of $20.30.

See Also

Insider Buying and Selling by Quarter for Odyssey Therapeutics (NASDAQ:ODTX)

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