Galectin Therapeutics And 3 Other Stocks Under $2 Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at four companies have recently made notable purchases of their own stocks. Scott's Liquid Gold-Inc. (OTC:SLGD) Director Daniel Roller acquired 794,067 shares, Augusta Gold Corp. (OTC:AUGG) Executive Chairman Richard Warke bought 5,000 shares, Galectin Therapeutics Inc. (NASDAQ:GALT) Director Kary Eldred purchased 1,598 shares, and Earth Science Tech, Inc. (OTC:ETST) CEO Giorgio R Saumat acquired 50,002 shares.
July 21, 2023 | 11:24 am
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Augusta Gold Corp. Executive Chairman Richard Warke acquired 5,000 shares. The company recently announced progress on its Reward Project.
Insider buying can be a positive sign for investors. The company's recent announcement about its Reward Project may also be driving optimism.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Earth Science Tech, Inc. CEO Giorgio R Saumat acquired 50,002 shares. The company recently named a new Chief Financial Officer.
Insider buying can be a positive sign for investors. The appointment of a new CFO may also be driving optimism about the company's future.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Galectin Therapeutics Inc. Director Kary Eldred acquired 1,598 shares. The company recently posted a narrower-than-expected quarterly loss.
Insider buying and better-than-expected financial results can both be positive signals for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Scott's Liquid Gold-Inc. Director Daniel Roller acquired 794,067 shares. The company's shares have jumped around 82% over the past six months.
Insider buying often indicates confidence in the company's prospects. The recent increase in the company's share price also suggests positive momentum.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100