Clover Health Director Vivek Garipalli Buys 877,567 Shares At Average Price Of $1.14; Total $1,000,426.38
Portfolio Pulse from Benzinga Newsdesk
Clover Health Director Vivek Garipalli has purchased 877,567 shares of the company at an average price of $1.14, totaling $1,000,426.38.
June 20, 2024 | 8:05 pm
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POSITIVE IMPACT
Clover Health Director Vivek Garipalli has purchased 877,567 shares at an average price of $1.14, totaling $1,000,426.38. This insider buying could signal confidence in the company's future prospects.
Insider buying is often seen as a positive signal by investors, indicating that those with the most knowledge of the company believe in its future prospects. This significant purchase by a director could lead to a short-term increase in Clover Health's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100