Insider Buying: Grail, Inc. (NASDAQ:GRAL) Major Shareholder Acquires 35,000 Shares of Stock

Grail, Inc. (NASDAQ:GRAL) major shareholder Chun R. Ding bought 35,000 shares of the stock in a transaction dated Thursday, October 3rd. The shares were bought at an average cost of $12.71 per share, with a total value of $444,850.00. Following the completion of the purchase, the insider now directly owns 3,558,655 shares of the company’s stock, valued at approximately $45,230,505.05. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Grail Price Performance

Shares of GRAL opened at $14.49 on Friday. Grail, Inc. has a 1-year low of $12.33 and a 1-year high of $23.36. The firm’s 50-day moving average is $14.47.

Grail (NASDAQ:GRAL) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($5.30) earnings per share (EPS) for the quarter. The company had revenue of $31.97 million during the quarter.

About Grail

GRAIL, Inc, a biotechnology company, focuses on developing technologies for early cancer detection. The company develops Galleri, a screening test for asymptomatic individuals over 50 years of age; and DAC, a diagnostic aid for cancer tests to accelerate diagnostic resolution for patients for whom there is a clinical suspicion of cancer.