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Friday 10/11 Insider Buying Report: GRAL, NUVB

October 11, 2024 — 10:35 am EDT

Written by BNK Invest for BNK Invest->

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

On Wednesday, Grail's, Chun R. Ding, made a $1.02M purchase of GRAL, buying 78,829 shares at a cost of $13.00 a piece. So far Ding is in the green, up about 4.6% on their purchase based on today's trading high of $13.60. Grail is trading up about 4% on the day Friday. This buy marks the first one filed by Ding in the past year.

And on Tuesday, Robert Mashal bought $220,000 worth of Nuvation Bio, buying 100,000 shares at a cost of $2.20 a piece. This buy marks the first one filed by Mashal in the past twelve months. Nuvation Bio is trading up about 10.7% on the day Friday.

Friday 10/11 Insider Buying Report: GRAL, NUVBVIDEO: Friday 10/11 Insider Buying Report: GRAL, NUVB

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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