Accelerate Diagnostics Inc (NASDAQ:AXDX), saw 10% Owner and Director Jack W. Schuler raise his stake in the company with transactions beginning this week. Schuler acquired 10,000 shares of common stock at prices ranging from $26 to $26.1 per share. Following the transaction, Schuler now indirectly owns 10,649,992 shares in the $1.16 billion market cap Diagnostics corporation.
In addition to Schuler, some of the major hedge funds with holdings in Accelerate Diagnostics Inc (NASDAQ:AXDX) have shown movement as well. Joseph A. Jolson‘s Harvest Capital Strategies has lowered it’s activity by 54%, with 55,000 shares worth about $1.2 million; Cliff Asness‘ Aqr Capital Managment has raised it’s disposition in the company by 105%, now holding 35,539 shares worth approximately $775 thousand; while Adage Capital Management, the hedge fund run by Phill Gross And Robert Atchinson, has remained steady in it’s participation with Accelerate Diagnostics Inc (NASDAQ:AXDX), reporting a 0% change last quarter with 17,276 shares worth around $377 thousand.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.