Lexicon Pharmaceuticals And 3 Other Stocks Under $2 Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at four companies, Glatfelter Corporation (GLT), Dalrada Financial Corporation (DFCO), Lexicon Pharmaceuticals, Inc. (LXRX), and Augusta Gold Corp. (AUGG), have recently made significant share purchases. Glatfelter's 10% owner acquired 236,000 shares, Dalrada's CEO bought 7,300 shares, a director at Lexicon purchased 1,000,000 shares, and Augusta's Executive Chairman bought 15,000 shares. These transactions may indicate the insiders' confidence in their respective companies' prospects.
October 13, 2023 | 12:06 pm
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POSITIVE IMPACT
Augusta Gold's Executive Chairman Richard Warke acquired 15,000 shares. The company's stock has gained around 9% over the past month.
The Executive Chairman's share purchase, along with the recent stock gain, could suggest a positive future for the company and potentially increase the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Dalrada Financial's CEO Brian Bonar acquired 7,300 shares. The company's subsidiary recently entered into an agreement with JBS Consulting.
The CEO's share purchase, along with the new agreement, could suggest a positive future for the company and potentially increase the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Glatfelter's 10% owner Duane Clint Carlson acquired 236,000 shares. The company recently entered into a marketing agreement with Ekman & Co.
The insider's significant share purchase, combined with the new marketing agreement, could indicate a positive outlook for the company and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Lexicon Pharmaceuticals' Director Raymond Debbane acquired 1,000,000 shares. The company announced upcoming presentations on the cost-effectiveness and budget impact of INPEFA® (sotagliflozin).
The director's significant share purchase, along with the upcoming presentations, could indicate a positive outlook for the company and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100