Vivani Medical And 2 Other Stocks Under $2 Insiders Are Buying
Portfolio Pulse from Avi Kapoor
Insiders are buying shares of Vivani Medical, RENN Fund, and Cyanotech, indicating their confidence in these companies. Notable transactions include purchases by executives and directors, with Vivani Medical planning a clinical study in 2024.
August 02, 2024 | 11:41 am
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POSITIVE IMPACT
RENN Fund's President and CEO acquired 1,164 shares, indicating confidence in the company's performance. The stock has gained 7% over the past six months.
The insider purchase by the President and CEO suggests confidence in the company's future. The recent stock performance also indicates positive momentum.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Vivani Medical's Chief Business Officer purchased 11,000 shares, indicating confidence in the company's future. The company plans to initiate a clinical study in 2024.
The insider purchase by a high-ranking executive suggests strong confidence in the company's prospects. Additionally, the upcoming clinical study could be a significant milestone.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100