Over $26M Bet On This Biotechnology Stock? Check Out These 4 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at four companies, Iovance Biotherapeutics (IOVA), ModivCare (MODV), ChargePoint Holdings (CHPT), and Bowlero Corp (BOWL), have made notable purchases of their companies' stocks. IOVA director Wayne P Rothbaum acquired 5 million shares for around $26.5 million. MODV director Adam Gray bought 330,216 shares for around $10.82 million. CHPT 10% owner Bruce Chizen purchased 500,000 shares for around $2.9 million. BOWL director Alan John Young bought 4,900 shares for around $50,274.
September 18, 2023 | 11:10 am
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POSITIVE IMPACT
Bowlero Corp director bought 4,900 shares for around $50,274.
The purchase of shares by an insider indicates confidence in the company's prospects, despite a recent sales decline, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
ChargePoint Holdings 10% owner bought 500,000 shares for around $2.9 million.
The purchase of a large number of shares by an insider indicates confidence in the company's prospects, despite recent worse-than-expected results, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Iovance Biotherapeutics director bought 5 million shares for around $26.5 million.
The purchase of a large number of shares by an insider indicates confidence in the company's prospects, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
ModivCare director bought 330,216 shares for around $10.82 million.
The purchase of a large number of shares by an insider indicates confidence in the company's prospects, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100