WaveDancer Form4 Filing Shows CEO Gerald James Jr, Benoit Bought 350,000 Shares Of Common Stock At An Average Price Of $0.50/Share
Portfolio Pulse from Benzinga Newsdesk
WaveDancer's CEO Gerald James Jr and Benoit have purchased 350,000 shares of the company's common stock at a price of $0.50 per share, according to a Form4 filing with the SEC.
October 02, 2023 | 1:58 pm
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WaveDancer's CEO and Benoit have bought 350,000 shares of the company's common stock. This insider trading could indicate confidence in the company's future performance.
Insider trading, especially by high-ranking executives, is often seen as a sign of confidence in a company's future performance. In this case, the CEO and Benoit of WaveDancer have purchased a significant number of shares, which could be interpreted as a positive signal by the market, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100