Global Investors Lp Viking Sells 3,500,000 Shares of BridgeBio Pharma, Inc. (NASDAQ:BBIO) Stock
MarketBeat
BridgeBio Pharma, Inc. (NASDAQ:BBIO - Get Free Report) major shareholder Global Investors Lp Viking sold 3,500,000 shares of the firm's stock in a transaction on Friday, June 27th. The shares were sold at an average price of $44.00, for a total value of $154,000,000.00. Following the completion of the sale, the insider owned 18,555,375 shares of the company's stock, valued at approximately $816,436,500. This trade represents a 15.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.
NASDAQ:BBIO