WBTN

Wednesday 8/21 Insider Buying Report: WBTN, SER

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 Monday, Webtoon Entertainment's Junkoo Kim, made a $509,703 purchase of WBTN, buying 41,531 shares at a cost of $12.27 each. So far Kim is in the green, up about 19.5% on their buy based on today's trading high of $14.67. Webtoon Entertainment is trading up about 3.3% on the day Wednesday. This buy marks the first one filed by Kim in the past year.

And also on Monday, Director Gregory Bailey bought $140,116 worth of Serina Therapeutics, buying 19,200 shares at a cost of $7.30 each. Before this latest buy, Bailey bought SER at 2 other times during the past twelve months, for a total cost of $116,907 at an average of $9.50 per share. Serina Therapeutics is trading down about 7.5% on the day Wednesday. Bailey was up about 9.9% on the purchase at the high point of today's trading session, with SER trading as high as $8.02 in trading on Wednesday.

Wednesday 8/21 Insider Buying Report: WBTN, SERVIDEO: Wednesday 8/21 Insider Buying Report: WBTN, SER

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.