Victory Capital Management Inc. Sells 77,150 Shares of Opthea Limited (NASDAQ:OPT)

Victory Capital Management Inc. decreased its holdings in shares of Opthea Limited (NASDAQ:OPTFree Report) by 8.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 884,335 shares of the company’s stock after selling 77,150 shares during the quarter. Victory Capital Management Inc. owned about 1.51% of Opthea worth $1,503,000 as of its most recent SEC filing.

Separately, Barclays PLC bought a new position in shares of Opthea in the 1st quarter valued at about $26,000. Hedge funds and other institutional investors own 12.66% of the company’s stock.

Opthea Trading Down 0.7 %

OPT opened at $2.88 on Friday. Opthea Limited has a 12 month low of $1.60 and a 12 month high of $5.77. The stock has a 50-day moving average of $2.74 and a 200 day moving average of $2.39.

Opthea Profile

(Free Report)

Opthea Limited, a clinical stage biopharmaceutical company, engages in the development and commercialization of therapies primarily for eye disease in Australia. The company's development activities are based on the intellectual property portfolio covering Vascular Endothelial Growth Factors (VEGF) VEGF-C, VEGF-D, and VEGF Receptor-3 for the treatment of diseases associated with blood and lymphatic vessel growth, as well as vascular leakage.

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