Israeli beverage company SodaStream's (SODA) CEO Daniel Birnbaum purchased an aggregate of 20,000 ordinary shares of the company's stock at an average price of $50.41 per share, according to a SEC filing.
SodaStream manufactures, distributes and sells home beverage carbonation systems, which allow consumers to change ordinary tap water into sparkling water or flavored sparkling water.
Birnbaum now owns a total of 113,420 shares of SodaStream following this most recent transaction.
Shares of SodaStream closed over 6% on Tuesday.
Shares of the company have soared over 36% year-to-date.
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