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Major owner of Capnia, Inc. just picked up 50,000 shares

Ernest Mario, a major owner of Capnia, Inc. and a director of the company, recently acquired 50,000 shares of the company. The buys took place at $1.77 per share, on November 18, 2015. Mario now owns 1,639,831 shares of the company. Mario operates out of Redwood City, CA. Some additional info was provided as follows:

The price reported in Column 4 is a weighted...