Septerna, Inc. (NASDAQ:SEPN) Major Shareholder Purchases $6,669,000.00 in Stock

Septerna, Inc. (NASDAQ:SEPN) major shareholder Rock Ventures V. L.P. Third bought 370,500 shares of the stock in a transaction on Monday, October 28th. The stock was purchased at an average price of $18.00 per share, with a total value of $6,669,000.00. Following the completion of the acquisition, the insider now directly owns 6,215,591 shares in the company, valued at approximately $111,880,638. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Septerna Stock Down 3.5 %

NASDAQ:SEPN opened at $20.02 on Wednesday. Septerna, Inc. has a 1-year low of $19.56 and a 1-year high of $25.62.

Septerna Company Profile

We are a clinical-stage biotechnology company pioneering a new era of G protein-coupled receptor (GPCR) oral small molecule drug discovery powered by our proprietary Native Complex Platform™. Our industrial-scale platform aims to unlock the full potential of GPCR therapies and has led to the discovery and development of our deep pipeline of product candidates focused initially on treating patients in three therapeutic areas: endocrinology, immunology and inflammation, and metabolic diseases.