Over $25M Bet On This Healthcare Stock? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insider trades were noted in three healthcare stocks: Royal Caribbean Cruises Ltd. (RCL), Sarepta Therapeutics, Inc. (SRPT), and Sigilon Therapeutics, Inc. (SGTX). RCL's director acquired 1,000 shares, indicating confidence in the company's prospects after reporting Q2 sales growth. SRPT's director acquired 23,686 shares following a narrower-than-expected Q2 loss. Shenandoah Acquisition Corp, a 10% owner of SGTX, bought 1,718,493 shares after Eli Lilly agreed to acquire the company.
August 15, 2023 | 11:44 am
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POSITIVE IMPACT
Director of Royal Caribbean Cruises Ltd. bought 1,000 shares after the company reported Q2 sales growth.
The director's purchase of shares indicates confidence in the company's prospects, which could potentially drive the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Shenandoah Acquisition Corp, a 10% owner of Sigilon Therapeutics, Inc., bought 1,718,493 shares after Eli Lilly agreed to acquire the company.
The purchase of a significant number of shares by a major owner following acquisition news indicates strong confidence in the company's future, which could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Director of Sarepta Therapeutics, Inc. bought 23,686 shares after the company reported a narrower-than-expected Q2 loss.
The director's purchase of shares indicates confidence in the company's prospects, which could potentially drive the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100