Cassava Sciences Director Sanford Robertson Reported Purchase Of 30,000 Shares @ Avg Price Of $17.45/Share in Form 4 Filing On Thursday
Portfolio Pulse from Charles Gross
Sanford Robertson, a director at Cassava Sciences, has reported the purchase of 30,000 shares at an average price of $17.45 per share, according to a Form 4 filing on Thursday.
August 25, 2023 | 9:03 am
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Cassava Sciences director Sanford Robertson's purchase of 30,000 shares could indicate confidence in the company's future performance.
Insider trading, especially purchases, often signal the insiders' confidence in the company. Sanford Robertson's purchase of 30,000 shares at $17.45 each could indicate his belief in the company's future performance, which could positively impact the stock price in the short term.
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