$40M Bet On MoonLake Immunotherapeutics? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at MoonLake Immunotherapeutics, The Simply Good Foods Company, and Walgreens Boots Alliance have recently made notable purchases of their companies' stocks. MoonLake's 10% owner Bihua Chen acquired 800,000 shares, costing around $40 million. Simply Good Foods' President and COO Geoff E Tanner bought 6,850 shares, costing around $250,758. Walgreens Boots Alliance's EVP, Pres. U.S. Healthcare John Driscoll purchased 5,172 shares, costing around $146,984.
July 06, 2023 | 12:58 pm
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MoonLake Immunotherapeutics' 10% owner Bihua Chen acquired 800,000 shares, costing around $40 million.
Insider buying often signals confidence in the company's prospects. This large purchase by a 10% owner could indicate a positive outlook for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The Simply Good Foods Company's President and COO Geoff E Tanner bought 6,850 shares, costing around $250,758.
Insider buying often signals confidence in the company's prospects. This purchase by the company's President and COO could indicate a positive outlook for the company.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Walgreens Boots Alliance's EVP, Pres. U.S. Healthcare John Driscoll bought 5,172 shares, costing around $146,984.
Insider buying often signals confidence in the company's prospects. This purchase by the company's EVP, Pres. U.S. Healthcare could indicate a positive outlook for the company, despite the lowered FY23 guidance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100