$11M Bet On This Healthcare Stock? Check Out These 3 Penny Stocks Insiders Are Aggressively Buying
Portfolio Pulse from Lisa Levin
Insiders at AlloVir, Inc. (NASDAQ:ALVR), Augusta Gold Corp. (OTC:AUGG), and Holley Inc. (NYSE:HLLY) have recently made significant purchases of their companies' stocks. Gilead Sciences Inc, a 10% owner of AlloVir, acquired nearly 3 million shares at an average price of $3.75, costing around $10.99 million. Augusta Gold's Executive Chairman Richard Warke bought 50,000 shares at an average price of $0.64, spending around $32,000. Edward Virtue, a 10% owner of Holley, acquired over 4,000 shares at an average price of $3.50, costing around $14,343.
June 29, 2023 | 10:15 am
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POSITIVE IMPACT
Gilead Sciences Inc, a 10% owner of AlloVir, acquired nearly 3 million shares, indicating confidence in the company's prospects.
Insider buying is often a positive sign that those with the most insight into a company's operations see it as undervalued or expect positive performance in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Augusta Gold's Executive Chairman Richard Warke bought 50,000 shares, indicating confidence in the company's prospects.
Insider buying is often a positive sign that those with the most insight into a company's operations see it as undervalued or expect positive performance in the future.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Edward Virtue, a 10% owner of Holley, acquired over 4,000 shares, indicating confidence in the company's prospects.
Insider buying is often a positive sign that those with the most insight into a company's operations see it as undervalued or expect positive performance in the future.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100