Monday 8/23 Insider Buying Report: VRTX, TXMD Monday, August 23, 10:35 AM ET
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
On Thursday, Vertex Pharmaceuticals' CEO & President, Reshma Kewalramani, made a $1.96M buy of VRTX, purchasing 10,000 shares at a cost of $195.65 each. Kewalramani was up about 1.3% on the purchase at the high point of today's trading session, with VRTX trading as high as $198.26 in trading on Monday. Vertex Pharmaceuticals is trading up about 1.1% on the day Monday.
And at TherapeuticsMD, there was insider buying on Wednesday, by Director Cooper C. Collins who purchased 1,000,000 shares at a cost of $0.72 each, for a total investment of $725,000. This purchase marks the first one filed by Collins in the past year. TherapeuticsMD is trading up about 8.1% on the day Monday. So far Collins is in the green, up about 13.9% on their purchase based on today's trading high of $0.83.
Orchestra BioMed Holdings is Now Oversold (OBIO) Friday, April 26, 4:33 PM ET, by Market News Video Staff Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
Noah Holdings (NOAH) Shares Cross Above 200 DMA Friday, April 26, 4:10 PM ET, by Market News Video Staff In trading on Friday, shares of Noah Holdings Ltd (NOAH) crossed above their 200 day ...
Shares of SHM Now Oversold Friday, April 26, 4:10 PM ET, by Market News Video Staff In trading on Friday, shares of the SPDR Nuveen Bloomberg Short Term Municipal Bond ETF ...
PAG Crosses Above Key Moving Average Level Friday, April 26, 4:09 PM ET, by Market News Video Staff In trading on Friday, shares of Penske Automotive Group Inc (PAG) crossed above their 200 ...
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.