BioVie Inc. CEO Cuong V Do buys $31,636 in company stock
BioVie Inc.'s CEO, Cuong V Do, acquired 15,210 shares of the company's stock on August 27, 2026, amounting to a total of $31,636. The purchases were made at a weighted average price of $2.08 per share, with individual prices varying between $2.05 and $2.10. As a result of these transactions, Mr. Do now holds a total of 16,117 shares in BioVie Inc., constituting his direct beneficial ownership in the company.
Additionally, Mr. Do serves as a Director for BioVie Inc. The insider purchase of the company's stock comes amid a significant surge in BIVI stock price, which has increased by 86% year-to-date, reaching $2.16 per share. Over the past six months, the stock has seen a 57% gain. According to InvestingPro analysis, the stock appears to be undervalued at its current level, and the company maintains a robust balance sheet with more cash on hand than debt. InvestingPro provides 12 additional exclusive tips for BIVI investors.
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