CORMORANT ASSET MANAGEMENT, LP purchased 11.4% of their position (850K shares) of EYEPOINT, INC. on the open market
Open‑market purchase worth $10.08M — a moderate purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 5/8/2024ACC: 0000929638-24-001743
10% Owner
Since Dec 2023
+850K
Net shares
Net buyer
$10.08M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
850K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+642.85K
Price / share
$11.70
Trade value
$7.52M
% of position
8.6%
5/6/2024
7.47M→8.12M
Common Stock
Indirect
Shares
+207.15K
Price / share
$12.36
Trade value
$2.56M
% of position
2.6%
5/6/2024
8.12M→8.32M
Total
Net shares
+850K
Net value
$10.08M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 5/6/2024 | P · Purchase | +642.85K | $11.70 | $7.52M | 8.6% | 7.47M | 8.12M |
| Common Stock Indirect | 5/6/2024 | P · Purchase | +207.15K | $12.36 | $2.56M | 2.6% | 8.12M | 8.32M |
| Total | +850K | $10.08M | ||||||
Derivative Transactions0
No derivative transactions reported