Fate Therapeutics Inc FATE:NASDAQ

Last Price$21.37NASDAQ Previous Close - Last Trade as of 4:00PM ET 7/19/19

Today's Change-1.13(5.02%)
Bid (Size)$19.15 (4)
Ask (Size)$27.00 (1)
Day Low / High$21.34 - 22.50
Volume584.7 K

Continued Level of Significant Insider Selling at Fate Therapeutics (FATE)

10:16PM ET 2/01/2019 MT Newswires
An insider sold 97,500 shares of Fate Therapeutics having a market value of approximately $1,380,795 today, as disclosed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 849,483 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 946,983 shares and have averaged 473,492 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Fate Therapeutics is greater than the 324-company peer group average. Bio Therapeutic Drugs peer group saw 464 buy/sell trades during this period for an average of 1.4 transactions per company. The number of shares per buy/sell trade for Fate Therapeutics insiders was also higher. Within the peer group there were 123,310,198 shares purchased and 20,598,285 shares sold with company insiders purchasing 384,689 shares on average.

To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data obtained to evaluate and write this story.