MPLT

Monday 2/23 Insider Buying Report: MPLT, CVRX

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 Friday, Maplight Therapeutics', George Pavlov, made a $441,168 purchase of MPLT, buying 25,000 shares at a cost of $17.65 each. Maplight Therapeutics is trading off about 1.4% on the day Monday. This buy marks the first one filed by Pavlov in the past twelve months.

And also on Friday, Mudit K. Jain bought $297,592 worth of CVRx, buying 46,800 shares at a cost of $6.36 each. Before this latest buy, Jain bought CVRX on 2 other occasions during the past twelve months, for a total investment of $10,560 at an average of $4.69 per share. CVRx is trading up about 12.1% on the day Monday. Jain was up about 13.5% on the buy at the high point of today's trading session, with CVRX trading as high as $7.22 in trading on Monday.

Monday 2/23 Insider Buying Report: MPLT, CVRXVIDEO: Monday 2/23 Insider Buying Report: MPLT, CVRX

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

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.