A Director at Trevena Inc (TRVN) is Buying Shares

Today, a Director at Trevena Inc (TRVN), Leon Moulder, bought shares of TRVN for $102K.

This recent transaction increases Leon Moulder’s holding in the company by 200% to a total of $151.5K. This is Moulder’s first transaction since reporting a Buy transaction on TSRO back in March 2018

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Based on Trevena Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $3 million and GAAP net loss of $4.48 million. In comparison, last year the company earned revenue of $0 and had a GAAP net loss of $14.72 million. Currently, Trevena Inc has an average volume of 30.42K.

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Trevena, Inc. is a clinical stage biopharmaceutical company, which engages in the provision of healthcare services and development of therapies. The company product pipeline consists of Olinvo, TRV250, and TRV734.

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