NEW YORK, March 17 (GenomeWeb News) - John Puisis, CEO of Third Wave Technologies, purchased 5,000 of his company's shares on March 15 at the low point of a stock-price slide precipitated by disappointing fourth quarter earnings, GenomeWeb News has learned.
Third Wave's share price reached $4.53 when Puisis made the recent purchase. John Nies, a Third Wave director, purchased 5,000 shares on March 11 at $4.77. The shares, which have more than regained the ground they lost since the decline, were up 5.34 percent, or $.26, at $5.11 in late-afternoon trading today. However, they are still short of the stock's 52-week high of $9.08.