Tiny Biotech Stock Wins $75 Billion Patent

A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.

Nido Qubein Biography and Net Worth

Director of Truist Financial

Dr. Nido R. Qubein serves as Director of the Company. He has been a Truist director since 1990 and a Truist Bank director since 2013. He has served as President of High Point University since 2005 where he transformed the institution from a small college to a thriving university. Since 2016, he has served as Executive Chairman of Great Harvest Bread Company (a whole grain bread bakery franchising company) after serving as Chairman from 2001 through 2015. Qualifications and Skills: Dr. Qubein has written a dozen books on leadership, sales, communication and marketing and serves as advisor to businesses and organizations throughout the country on how to position their enterprises and create successful leadership programs. He is a business coach to CEOs and top executives. During his tenure on the Truist Board, he has provided key leadership and made important contributions to the development and successful execution of Truist’s strategy to be the “Best of the Best.” His many entrepreneurial ventures and service on more than 30 volunteer boards over the course of his career contribute governance and community service skills and experience to Truist. He has been recognized nationally for his entrepreneurial and professional achievements including his induction in three halls of fame, receiving the University of Delaware’s Siegfried Entrepreneurship Award, and membership in the Horatio Alger Association for Distinguished Americans with such notable leaders as Starbuck’s Howard Schultz and General Colin Powell.

What is Nido R. Qubein's net worth?: The estimated net worth of Nido R. Qubein is at least $2.40 million as of June 12th, 2020. Dr. Qubein owns 65,325 shares of Truist Financial stock worth more than $2,403,960 as of April 19th. This net worth estimate does not reflect any other assets that Dr. Qubein may own. Learn More about Nido R. Qubein's net worth.
How do I contact Nido R. Qubein?: The corporate mailing address for Dr. Qubein and other Truist Financial executives is 214 NORTH TRYON STREET, CHARLOTTE NC, 28202. Truist Financial can also be reached via phone at (336) 733-2000 and via email at [email protected]. Learn More on Nido R. Qubein's contact information.
Has Nido R. Qubein been buying or selling shares of Truist Financial?: Nido R. Qubein has not been actively trading shares of Truist Financial within the last three months. Most recently, on Friday, June 12th, Nido R. Qubein bought 10,000 shares of Truist Financial stock. The stock was acquired at an average cost of $37.98 per share, with a total value of $379,800.00. Following the completion of the transaction, the director now directly owns 65,325 shares of the company's stock, valued at $2,481,043.50. Learn More on Nido R. Qubein's trading history.
Who are Truist Financial's active insiders?: Truist Financial's insider roster includes Daryl Bible (CFO), K. Boyer, Jr. (Director), Scott Case (EVP), Hugh Cummins, III (Insider), Ellen Fitzsimmons (Sr. EVP), John Howard (Sr. EVP & Chief Insurance Officer ), Kelly King (Director), Ellen Koebler (Insider), Michael Maguire (EVP), Kimberly Moore-Wright (EVP), Charles Patton (Director), Cynthia Powell (VP), Nido Qubein (Director), David Ratcliffe (Director), William Rogers, Jr. (CEO), Brantley Standridge (EVP), Clarke Starnes, III (Insider), Joseph Thompson (EVP), Thomas Thompson (Director), Steven Voorhees (Director), David Weaver (EVP), and Dontá Wilson (VP). Learn More on Truist Financial's active insiders.
Are insiders buying or selling shares of Truist Financial?: During the last year, Truist Financial insiders bought shares 2 times. They purchased a total of 13,668 shares worth more than $350,192.00. During the last year, insiders at the insurance provider sold shares 1 times. They sold a total of 3,764 shares worth more than $141,074.72. The most recent insider tranaction occured on March, 7th when Director K. David Jr. Boyer sold 3,764 shares worth more than $141,074.72. Insiders at Truist Financial own 0.2% of the company. Learn More about insider trades at Truist Financial.
Information on this page was last updated on 3/7/2024.

Nido R. Qubein Insider Trading History at Truist Financial

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/12/2020	Buy	10,000	$37.98	$379,800.00	65,325
9/1/2019	Sell	4,500	$25.00	$112,500.00
11/7/2018	Sell	2,825	$50.19	$141,786.75
2/5/2018	Sell	21,025	$54.50	$1,145,862.50	59,513
12/22/2016	Sell	10,904	$47.28	$515,541.12	49,499
11/25/2014	Sell	15,000	$37.96	$569,400.00
6/13/2014	Sell	5,462	$38.44	$209,959.28
5/14/2013	Sell	5,594	$32.01	$179,063.94
5/9/2013	Sell	26,000	$31.32	$814,320.00

Nido R. Qubein Buying and Selling Activity at Truist Financial

Truist Financial Company Overview

Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company provides funding; asset management; automobile lending; credit card lending; consumer finance; home equity and mortgage lending; other direct retail lending; insurance; investment brokerage; mobile/online banking; payment solutions; point-of-sale lending; retail and small business deposit products; small business lending; and wealth management/private banking services. In addition, it offers asset based lending, investment banking and capital market, institutional trust, insurance premium finance, derivatives, commercial lending, international banking, leasing, merchant, commercial deposit and treasury, floor plan, mortgage warehouse lending, real estate lending, and supply chain financing services. Further, the company provides insurance brokerage, retail and wholesale brokerage, securities underwriting and market making, loan syndication, and investment management and advisory services. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.

Today's Range

Now: $36.80

$35.65

$36.84

50 Day Range

MA: $36.62

$34.53

$38.98

2 Week Range

Now: $36.80

$25.56

$39.29

Volume

10,356,395 shs

Average Volume

9,680,285 shs

Market Capitalization

$49.11 billion

P/E Ratio

N/A

Dividend Yield

5.83%

Beta

1.08

Tiny Biotech Stock Wins $75 Billion Patent

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