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Insider Trends: Insider Purchase of OPKO Health Stock Continues 90-Day Positive Trend

05/10/2021 03:39

07:27 AM EDT, 05/10/2021 (MT Newswires) -- On May 07, 2021, Dr Phillip Frost, 10% Owner, Director and CEO & Chairman, reported a purchase of 75,000 shares in OPKO Health (OPK) for $287,743. Dr Frost has control over 225,492,822 company shares of which 3,068,951 shares are controlled directly and 222,423,871 shares indirectly subsequent to the transactions disclosed in the SEC Form 4 filing. These holdings have an approximate market value of $857 million as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 2 insider transactions from the activity of one insider all of which have been purchases and resulted in the acquisition of 325,000 company shares. Relative to the preceding 90-day window of time, there were 2 transactions from 2 insiders which resulted in the net acquisition of 360,000 shares.

This is lower than the average level of insider transactions in the 150-company Pharmaceuticals peer group over the last 90-day period. Activity in the peer group averaged 64.3 transactions per company, and disposition of 7,246 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/944809/000120919121031114/xslF345X03/doc4.xml

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