22nd Century Group Form4 Filing Shows CEO Lawrence Firestone Bought 39,000 Shares At An Average Price Of $0.27/Share
Portfolio Pulse from Benzinga Newsdesk
22nd Century Group's CEO, Lawrence Firestone, purchased 39,000 shares of the company at an average price of $0.27 per share, as per a recent SEC Form 4 filing.
September 13, 2024 | 12:46 pm
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22nd Century Group's CEO, Lawrence Firestone, has purchased 39,000 shares at $0.27 each, indicating confidence in the company's future prospects.
The purchase of shares by the CEO is a strong insider signal, often interpreted as a vote of confidence in the company's future performance. This could lead to a positive short-term impact on the stock price as investors may view this as a bullish sign.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100