MarketWise And 2 Other Stocks Under $2 Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at OPKO Health, Vapotherm, and MarketWise have recently purchased shares in their respective companies. OPKO Health's CEO and Chairman acquired 75,000 shares at an average price of $1.75, following better-than-expected quarterly results. Vapotherm's President and CEO bought 300,000 shares at an average price of $0.40 after the company posted a narrower-than-expected Q2 loss. MarketWise's Director and CEO purchased a total of 25,800 shares at an average price of $1.71, despite weaker-than-expected quarterly sales.
August 16, 2023 | 1:08 pm
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POSITIVE IMPACT
MarketWise's Director and CEO bought a total of 25,800 shares despite weaker-than-expected quarterly sales.
Despite weaker-than-expected sales, the purchase of shares by MarketWise's Director and CEO could suggest they believe in the company's long-term strategy and potential for improvement.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
OPKO Health's CEO and Chairman bought 75,000 shares following better-than-expected quarterly results.
Insider buying often indicates confidence in the company's prospects. The purchase by OPKO Health's CEO and Chairman, especially after positive quarterly results, could be a bullish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Vapotherm's President and CEO purchased 300,000 shares after the company posted a narrower-than-expected Q2 loss.
The purchase of shares by Vapotherm's President and CEO, following a narrower-than-expected Q2 loss, could indicate a belief in the company's recovery and growth potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100