In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Female Health Co (NASDAQ:FHCO) reported that Opler Timothy has picked up 1,745,131 of common stock as of 2017-05-23.
The acquisition brings the aggregate amount owned by Opler Timothy to a total of 1,745,131 representing less than 5.3% stake in the company.
For those not familiar with the company, The Female Health Company is a therapeutics company focused on developing and commercializing pharmaceuticals and devices in men’s and women’s health and oncology. The Company is engaged in the development, manufacture and marketing of consumer healthcare products. The Company has three divisions: Pharmaceutical and Devices, Consumer Health Products and Public Sector. For men, product and product candidates are in the areas of benign prostatic hyperplasia, male infertility, amelioration of side effects of hormonal prostate cancer therapies, prostate cancer, gout and sexual dysfunction. Women’s Health has product candidates for female sexual health, and advanced breast and ovarian cancers. It manufactures, markets and sells the FC2 Female Condom. FC2 provides dual protection against unintended pregnancy and sexually transmitted infections (STIs), including human immunodeficiency virus/acquired immune deficiency syndrome (HIV/AIDS). Its first generation product is the FC1 Female Condom.
A glance at Female Health Co (NASDAQ:FHCO)’s key stats reveals a current market capitalization of 31.60 Million based on 31.34 Million shares outstanding and a price at last close of $1.04 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-05-22, Fisch picked up 19,750 at a purchase price of $1.02. This brings their total holding to 24,750 as of the date of the filing.
On the sell side, the most recent transaction saw Dearholt unload 203,936 shares at a sale price of $6.05. This brings their total holding to 1,978,899.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Female Health Co (NASDAQ:FHCO) as things move forward to see if its progress aligns with these transactions.
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