May 12, 2015 12:21 PM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Healthcare company
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Healthequity Inc (NASDAQ: HQY) announced on Monday, May 11 the closing of a public offering of 4,427,500 shares of common stock priced at $25.90 per share.In the secondary public offering, HealthEquity as a company sold $23.4 million worth of common stock while stock holders of the company sold a total of 3,455,000 shares of the stock.On the same day as the public offering closure, four HealthEquity corporate insiders sold a large amount of shares worth $116.84 million all together.These insiders include HealthEquity Founder, Director, and Vice Chairman Stephen Neeleman who sold 7.57 percent of his shares for the amount of $2.98 million; Director Manu Rana who sold 29.89 percent of his shares for $29.95 million; Director Frank Medici who sold 7.3 percent of his shares for $27.96 million; and 10 percent owner Berkley Capital Investors, L.P who sold 7.31 percent of the firm's shares worth $55.93 million.Correspondingly, HQY shares have plummeted roughly 3 percent in trading so far today.It is not yet clear if there is a consistent reason for the large amount of transactions.
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