T2 Biosystems Inc (NASDAQ:TTOO) General Counsel Michael Terrence Gibbs sold 3,005 shares of the business’s stock in a transaction on Monday, February 11th. The stock was sold at an average price of $3.36, for a total value of $10,096.80. Following the completion of the transaction, the general counsel now directly owns 60,262 shares in the company, valued at approximately $202,480.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Michael Terrence Gibbs also recently made the following trade(s):
- On Friday, February 1st, Michael Terrence Gibbs sold 2,759 shares of T2 Biosystems stock. The stock was sold at an average price of $3.43, for a total value of $9,463.37.
Shares of NASDAQ TTOO opened at $3.45 on Wednesday. T2 Biosystems Inc has a one year low of $2.94 and a one year high of $9.98. The company has a debt-to-equity ratio of 1.66, a current ratio of 7.16 and a quick ratio of 6.81.
A number of institutional investors and hedge funds have recently modified their holdings of TTOO. Bank of New York Mellon Corp lifted its holdings in T2 Biosystems by 183.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 71,935 shares of the medical equipment provider’s stock worth $556,000 after purchasing an additional 46,567 shares in the last quarter. Schwab Charles Investment Management Inc. purchased a new stake in T2 Biosystems during the 2nd quarter worth about $444,000. BlackRock Inc. lifted its holdings in T2 Biosystems by 1,036.1% during the 2nd quarter. BlackRock Inc. now owns 1,825,811 shares of the medical equipment provider’s stock worth $14,131,000 after purchasing an additional 1,665,105 shares in the last quarter. Raymond James & Associates purchased a new stake in T2 Biosystems during the 2nd quarter worth about $100,000. Finally, Northern Trust Corp lifted its holdings in T2 Biosystems by 474.7% during the 2nd quarter. Northern Trust Corp now owns 312,079 shares of the medical equipment provider’s stock worth $2,416,000 after purchasing an additional 257,772 shares in the last quarter. 54.74% of the stock is currently owned by institutional investors and hedge funds.
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About T2 Biosystems
T2 Biosystems, Inc, an in vitro diagnostics company, develops diagnostic products and product candidates in the United States. It provides T2 Magnetic Resonance platform that enables detection of pathogens, biomarkers, and other abnormalities in various unpurified patient sample types, including whole blood, plasma, serum, saliva, sputum, and urine.
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