Trade Summary
5 months ago, Perceptive Advisors LLC, serving as 10% owner at Orchestra Biomed Holdings, Inc. (OBIO), purchased 700,000 shares at $2.75 per share, for a total transaction value of $1,925,000.00. Following this transaction, Perceptive Advisors LLC now holds 5,292,556 shares of OBIO.
This purchase represents a 15.00% increase in Perceptive Advisors LLC's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, August 1, 2025 and publicly disclosed via SEC Form 4 filing on Tuesday, August 5, 2025, 4 days after the trade was made.
Orchestra Biomed Holdings, Inc. operates in the HEALTHCARE sector, specifically within the BIOTECHNOLOGY industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.