Over 50M shares of PATH, or 12% of the float, was purchased after hours last night via large block trades. This is a massive purchase that is not typically seen. We do not yet know exactly what this transaction was for, but here is what I am keeping an eye out for: - If it were simply a new institutional buyer accumulating more than 5% ownership, we may not see a 13G filing until mid-November. - If it were an existing institutional buyer who's purchase puts them above the 10% ownership threshold
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