AXLA

One of the major owners of Axcella Health (NASDAQ:AXLA) engaged in a huge insider buy transaction yesterday. Societe des Produits Nestle S.A. bought 3,658,536 shares of AXLA stock at an average price of $1.64 per share, worth $6 million. Based in the U.S., Axcella Health, Inc. is a biotechnology company that focuses on the research and development of novel multifactorial interventions to support health and address dysregulated metabolism across a broad spectrum of consumers and patients with limited options. With the recent Buys, the firm now owns 15.11% (11.11 million shares) of the total AXLA shares outstanding, with a value of $19.88 million.
https://www.tipranks.com/news/this-insider-bought-axcella-health-nasdaqaxla-stock-worth-6m?utm_source=advfn.com&utm_medium=referral