Lyntris (NYSE:LYNX) Major Shareholder Trive Capital Holdings Llc Sells 8,333,333 Shares of Stock

Lyntris Inc. (NYSE:LYNX - Get Free Report) major shareholder Trive Capital Holdings Llc sold 8,333,333 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $17.50, for a total value of $145,833,327.50. Following the sale, the insider directly owned 11,966,544 shares of the company's stock, valued at $209,414,520. The trade was a 41.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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%

NYSE:LYNX opened at $15.18 on Tuesday. Lyntris Inc. has a 12 month low of $14.28 and a 12 month high of $16.00.

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