Livongo Health (NASDAQ:LVGO) Stock Price Up 8.1%

Shares of Livongo Health (NASDAQ:LVGO) rose 8.1% during mid-day trading on Friday . The stock traded as high as $37.04 and last traded at $36.79, approximately 406,833 shares traded hands during trading. A decline of 59% from the average daily volume of 986,656 shares. The stock had previously closed at $34.03.

Separately, Chardan Capital initiated coverage on Livongo Health in a report on Friday. They set a “neutral” rating and a $40.00 price objective on the stock.

In other Livongo Health news, major shareholder Ab (Publ) Kinnevik acquired 3,141,795 shares of the company’s stock in a transaction on Monday, July 29th. The shares were bought at an average cost of $28.00 per share, for a total transaction of $87,970,260.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Hemant Taneja acquired 2,678,571 shares of the company’s stock in a transaction on Monday, July 29th. The shares were acquired at an average price of $28.00 per share, for a total transaction of $74,999,988.00. The disclosure for this purchase can be found here.



About Livongo Health (NASDAQ:LVGO)

Livongo Health, Inc provides an integrated suite of solutions for the healthcare industry in North America. It solutions promote health behavior change based on real-time data capture supported by intuitive devices and insights driven by data science. The company offers a platform that provides cellular-connected devices, supplies, informed coaching, data science-enabled insights, and facilitates access to medications.

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