Insider Trading at Opko Health Inc (OPK): Al Et Md Philip Frost Buys 20,000 Shares


Al Et Md Phillip Frost, Chief Executive Officer and Chairman at Opko Health Inc (NYSE:OPK), acquired on August 29th through an open market transaction 20,000 shares of Common Stock These were purchased at an average weighted price of $8.91 each, for a total value of $178,220. Following the filing, Mr. Frost owns 2,012,377 shares directly and 142,795,008 indirectly by Frost Gamma Investments Trust, of which he is the trustee. Also, he owns 15,490,546 shares indirectly by The Frost Group, LLC. This is not Mr. Frost first share purchase, as he has been consistently augmenting his participation in this $3.80 billion market cap company.

On the same way, Opko Health Inc (NYSE:OPK)’s major hedge fund shareholders on record have also been increasing their exposure to the firm. Hal Mintz’s Sabby Capital –owner of 1.93 million shares- has done so by a 44%. Ken Griffin’s Citadel Investment Group –owner of 481,200 shares- has increased its participation on this biopharmaceutical and diagnostics company by a 50%.

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

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