Bioamber Inc (BIOA)’s Director W Kurt Biner Buys 15,250 Shares


W Kurt Biner, Director at Bioamber Inc (NYSE:BIOA), has bought, through two open market transactions. 100 and 14,150 shares of Common Stock on August 22nd and 25th, respectively at a price of $11.5 each. The transaction reached a total value of $173,875. Following the filling, he directly owns 50,630 shares of this $262.55 million market cap firm.

Although the last one was his biggest purchase so far, he has been buying stock from Bioamber Inc (NYSE:BIOA) consistently throughout this past month. Starting on August 11th, and through five different transactions, he has made himself  direct owner of 17,430 shares, at a weighted average price of $11.46 each.

Also, in terms of hedge fund shareholders, there have been some solid developments.  Peter S. Park’s Park West Asset Management  –the largest shareholder of record- and Anand Parekh’s Alyeska Investment Group –owner of 108,717 shares- have both increased their stakes on the firm by 54% and 39% respectively.


Disclosure: Pamela Gaviño holds no position in any stocks or funds mentioned. 

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