OraSure Technologies shares are trading higher after a Form4 filing showed CFO Kenneth McGrath bought 100,000 shares at an average price of $4.93.
Portfolio Pulse from Benzinga Newsdesk
OraSure Technologies' shares are trading higher after CFO Kenneth McGrath bought 100,000 shares at an average price of $4.93, according to a Form4 filing.
June 01, 2023 | 5:19 pm
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POSITIVE IMPACT
OraSure Technologies' stock price is likely to increase in the short term after CFO Kenneth McGrath's purchase of 100,000 shares at an average price of $4.93.
CFO Kenneth McGrath's purchase of 100,000 shares at an average price of $4.93 indicates a strong belief in the company's future performance. This insider trading activity is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100