The Chairman & CEO of NantKwest (NASDAQ: NK) is Buying Shares

By Carrie Williams

Yesterday, the Chairman & CEO of NantKwest (NKResearch Report), Shiong Patrick Soon, bought shares of NK for $35M.

Following this transaction Shiong Patrick Soon’s holding in the company was increased by 37.59% to a total of $88.75 million.

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Currently, NantKwest has an average volume of 342.2K.

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NantKwest, Inc. engages in the development of immunotherapies with a focus on harnessing the power of the innate immune system. It uses natural killer cells to treat cancer, infectious diseases, and inflammatory diseases. The firm operates through the following geographical segments: United States; Europe; and Other Non-U.S. The company was founded by Gary N.