Hinge Health Backer Sells $38.4 Million in Stock After Significant Price Increase
Insight Holdings Group sold $38.4 million worth of Hinge Health (NYSE:HNGE) stock through a conversion-for-sale event, following a 101% one-year return on the shares. The firm exercised and immediately liquidated options for 426,171 shares at an average price of $90.21 per share.
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