CR Group LP, 10% Owner at T2 Biosystems (NASDAQ:TTOO), reported a large insider sell on September 27, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that LP sold 250,000 shares of T2 Biosystems. The total transaction amounted to $62,500.
T2 Biosystems shares are trading down 15.26% at $0.15 at the time of this writing on Thursday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however ...