Highbridge Capital Management LLC purchased a new stake in shares of TriSalus Life Sciences, Inc. (NASDAQ:TLSI – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 214,545 shares of the company’s stock, valued at approximately $1,184,000.
Separately, Wolverine Asset Management LLC bought a new stake in shares of TriSalus Life Sciences in the 2nd quarter worth about $240,000. Hedge funds and other institutional investors own 2.58% of the company’s stock.
TriSalus Life Sciences Stock Down 0.9 %
TLSI stock opened at $4.62 on Thursday. TriSalus Life Sciences, Inc. has a 12 month low of $3.32 and a 12 month high of $10.42. The company has a 50-day moving average price of $5.44 and a 200 day moving average price of $7.37.
Analyst Ratings Changes
A number of research analysts recently commented on TLSI shares. Oppenheimer started coverage on shares of TriSalus Life Sciences in a report on Monday. They issued an “outperform” rating and a $10.00 price target for the company. Canaccord Genuity Group reiterated a “buy” rating and issued a $12.00 target price on shares of TriSalus Life Sciences in a report on Thursday, June 27th. Finally, Canaccord Genuity Group started coverage on TriSalus Life Sciences in a report on Thursday, May 30th. They set a “buy” rating and a $12.00 price target on the stock.
Check Out Our Latest Analysis on TLSI
Insider Activity at TriSalus Life Sciences
In other news, CEO Mary T. Szela bought 7,520 shares of the stock in a transaction on Thursday, September 12th. The stock was acquired at an average cost of $5.20 per share, for a total transaction of $39,104.00. Following the acquisition, the chief executive officer now owns 377,382 shares of the company’s stock, valued at $1,962,386.40. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 76.20% of the stock is currently owned by company insiders.
About TriSalus Life Sciences
TriSalus Life Sciences, Inc, a medical technology company, researches, develops, and sells drug delivery technologies and immune-oncology therapeutics for the treatment of liver and pancreatic cancer. The company offers Pressure Enabled Drug Delivery infusion systems, such as the TriNav infusion system, which is used in transarterial radioembolization and chemoembolization procedures for patients with liver cancer and metastases; and the Pancreatic Retrograde Venous Infusion device, which is in Phase 1 clinical trial, for locally advanced pancreatic cancer.
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