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Friday 3/22 Insider Buying Report: DCTH, ARWR Friday, March 22, 1:39 PM ET As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
At Delcath Systems, a filing with the SEC revealed that on Tuesday, Director Steven A. J. Salamon purchased 26,882 shares of DCTH, at a cost of $3.72 each, for a total investment of $100,001. So far Salamon is in the green, up about 27.3% on their buy based on today's trading high of $4.74. Delcath Systems is trading down about 2.7% on the day Friday.
And on Wednesday, Director Hongbo Lu purchased $82,990 worth of Arrowhead Pharmaceuticals, purchasing 3,000 shares at a cost of $27.66 each. This buy marks the first one filed by Lu in the past twelve months. Arrowhead Pharmaceuticals is trading off about 2.1% on the day Friday.
For MarketNewsVideo.com, I'm Sayoko Murase. | |
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Symbol Cloud:
ABEO
ADC
ALAB
ALHC
AMN
AMRK
ANGO
ANRO
ARWR
ASLE
ASPI
ATEC
ATNI
ATOS
AUB
AUBN
AXR
AXS
AYI
AYX
BANC
BHRB
BHVN
BLND
BRTX
BY
BYON
CECO
CET
CHTR
CIO
CIVB
CLF
CLSD
CNXC
COOK
CRMT
CROX
CSPI
CSV
CTRI
CZR
D
DAL
DAR
DCTH
DINO
DIS
DLTR
DSGN
DVN
EG
EL
ELAN
ENPH
ENV
EPSN
ESOA
EVC
EVLV
EXEL
EXFY
EYEN
FAST
FINS
FLGC
FLO
FMC
FSK
FULC
GENK
GEO
GLO
GME
GO
GSAT
GT
GTN
HCI
HWBK
MBUU
NBBK
OPK
ORI
TRDA
ULS
VFC
WLKP
WSC
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