$20M Bet On This Biotechnology Stock? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at Cerevel Therapeutics Holdings, Inc. (CERE), Lamb Weston Holdings, Inc. (LW), and RE/MAX Holdings, Inc. (RMAX) have recently made notable purchases of their companies' stocks. CERE Director Joseph Edelman acquired shares worth around $20 million, LW Director William Jurgensen bought shares costing approximately $253,050, and RMAX 10% owner Magnolia Group LLC purchased shares for around $563,091.
October 18, 2023 | 11:03 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Cerevel Therapeutics Director Joseph Edelman acquired shares worth around $20 million.
Insider purchases often indicate confidence in a company's prospects. The large purchase by CERE's Director could signal a positive outlook for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Lamb Weston Holdings Director William Jurgensen bought shares costing approximately $253,050.
The purchase of LW shares by its Director could suggest a positive outlook for the company, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
RE/MAX Holdings 10% owner Magnolia Group LLC purchased shares for around $563,091.
The purchase of RMAX shares by its 10% owner could suggest a positive outlook for the company, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100