EcoR1 Capital (NASDAQ: ATRA) adds 507K Atara shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EcoR1 Capital, LLC, a ten percent owner of Atara Biotherapeutics, reported an indirect open-market purchase of 507,407 shares of Common Stock at a weighted average price of $9.35 per share. The shares were bought by funds it advises, which now hold 1,552,000 shares in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 507,407 shares ($4,744,255)
Net Buy
1 txn
Insider
EcoR1 Capital, LLC
Role
null
Bought
507,407 shs ($4.74M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 507,407 | $9.35 | $4.74M |
Holdings After Transaction:
Common Stock — 1,552,000 shares (Indirect, See Note)
Footnotes (1)
- The reporting persons are EcoR1 Capital, LLC ("EcoR1"), Oleg Nodelman and EcoR1 Capital Fund Qualified, L.P. ("Qualified Fund"). EcoR1 is the general partner and investment adviser of private funds, including Qualified Fund (the "Funds"). Mr. Nodelman is the manager and controller owner of EcoR1. EcoR1 is filing this Form 4 for itself, Mr. Nodelman and Qualified Fund. The reporting persons are filing this Form 4 jointly, but not as a group, and each expressly disclaims membership in a group within the meaning of Rule 13d-5(b) under the Securities Exchange Act of 1934. The Funds hold these securities directly for the benefit of their investors. EcoR1 may be deemed to indirectly beneficially own them as the investment adviser to the Funds. Mr. Nodelman may be deemed to indirectly beneficially own them as the control person of EcoR1. The reporting persons disclaim beneficial ownership of the securities except to the extent of their respective pecuniary interests therein. Qualified Fund purchased 474,780 of the shares puchased in this transaction. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.85 to $9.39 inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. After this transaction, Qualified Fund held 1,445,609 shares of the Issuer's Common Stock.
Key Figures
Shares purchased: 507,407 shares
Weighted average price: $9.35 per share
Price range: $8.85–$9.39 per share
+3 more
6 metrics
Shares purchased
507,407 shares
Common Stock open-market purchase
Weighted average price
$9.35 per share
Purchase price for Common Stock
Price range
$8.85–$9.39 per share
Range of individual trade prices
Total shares after transaction
1,552,000 shares
Indirect holdings following purchase
Qualified Fund portion
474,780 shares
Part of total purchased by Qualified Fund
Qualified Fund holdings
1,445,609 shares
Qualified Fund position after transaction
Key Terms
open-market purchase, indirect beneficial ownership, ten percent owner, weighted average price, +1 more
5 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect beneficial ownership financial
"EcoR1 may be deemed to indirectly beneficially own them as the investment adviser"
ten percent owner financial
"EcoR1 Capital, LLC is indicated as a ten percent owner"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interests financial
"The reporting persons disclaim beneficial ownership of the securities except to the extent of their respective pecuniary interests therein."