TransCode Therapeutics And 2 Other Stocks Under $5 Insiders Are Aggressively Buying
Portfolio Pulse from Lisa Levin
Insiders have been aggressively buying shares of TransCode Therapeutics (RNAZ), Nerdy (NRDY), and Broad Street Realty (BRST), indicating their confidence in the companies' prospects. Nerdy recently posted better-than-expected quarterly results, while TransCode Therapeutics reported pricing of a $7 million public offering.
June 14, 2023 | 11:24 am
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Broad Street Realty Director Daniel JW Neal acquired 7,000 shares at an average price of $0.74, spending around $5.15 thousand. The company's stock has a 52-week high of $2.01.
The Director's purchase of shares indicates confidence in the company's prospects. The stock's 52-week high suggests potential for growth, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Nerdy CEO Charles Cohn acquired 24,000 shares at an average price of $3.14, spending around $75.36 thousand. The company recently posted better-than-expected quarterly results.
The CEO's purchase of shares indicates confidence in the company's prospects. The better-than-expected quarterly results suggest that the company is performing well, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
TransCode Therapeutics CEO Michael Robert Dudley acquired 19,000 shares at an average price of $2.76, spending around $52.44 thousand. The company recently reported pricing of a $7 million public offering.
The CEO's purchase of shares indicates confidence in the company's prospects. The recent pricing of a $7 million public offering could provide additional funds for growth and development, potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100