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Bioventus Shares Rise After Company Reports Insider Purchases

By Stephen Nakrosis


Shares of Bioventus were up shortly before the market’s close on Thursday, following news board member John Bartholdson recently purchased shares of the company’s stock.

At 3:27 p.m. ET, the stock had risen 7.9%, to $3.56 a share. Volume at the time topped 824,000 shares, above the stock’s 65-day average volume of 762,427 shares.

After the bell Wednesday, the company reported Bartholdson had recently purchased 455,725 shares at $2.94 each. His holdings total over 6.3 million shares.

Bioventus has a market cap of $258.3 million, 62.49 million shares outstanding and a public float of 33.22 million. Year to date, the stock is up almost 40%.

Bioventus said it market products which “address a growing need for clinically effective, cost efficient, minimally invasive medical treatments, that engage and enhance the body’s natural healing processes.”


Write to Stephen Nakrosis at [email protected]


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