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Insider Transactions
| Name | Transaction Date | Sold / Bought | Shares | Price | Value |
|---|---|---|---|---|---|
| Jonasson Zachariah | Jun 13, 2024 | Sell | 19,859 | $4.9797 | $99,000 |
| Phoenix Venture Partners II LP | May 22, 2024 | Sell | 3,100,000 | $4.4 | $14M |
| Redmile Group, LLC | Mar 1, 2024 | Buy | 222,222 | $4.5 | $1,000,000 |
| Phoenix Venture Partners II LP | Nov 28, 2023 | Sell | 40,439 | $1.4404 | $58,000 |
| Phoenix Venture Partners II LP | Nov 27, 2023 | Sell | 12,959 | $1.4018 | $18,000 |
| Phoenix Venture Partners II LP | Nov 24, 2023 | Sell | 10,779 | $1.4219 | $15,000 |
| Phoenix Venture Partners II LP | Nov 22, 2023 | Sell | 3,508 | $1.4047 | $4,900 |
| Phoenix Venture Partners II LP | Nov 21, 2023 | Sell | 1,237 | $1.404 | $1,700 |
| Phoenix Venture Partners II LP | Nov 20, 2023 | Sell | 24,369 | $1.4285 | $35,000 |
| Phoenix Venture Partners II LP | Nov 17, 2023 | Sell | 20,000 | $1.4334 | $29,000 |
What's the latest insider transaction for Absci?
The most recent insider transaction for Absci was conducted by Jonasson Zachariah, who sold 19,859 shares on June 13, 2024 at a price of $4.98 per share.
Which insider bought the most ABSI stock over the last two years?
Redmile Group, LLC has bought the most ABSI stock in the last 2 years, with a total value of $1,000,000.
Which insider has sold the most ABSI stock over the last two years?
Phoenix Venture Partners II LP has sold the most ABSI stock in the last 2 years, with a total value of $14M.
What is the total value of insider transactions for Absci (ABSI) in the last 2 years?
The total value of insider transactions for Absci in the last 2 years is negative, amounting to -$13M. This suggests that insiders have predominantly sold shares, which could reflect various personal or financial considerations rather than a straightforward outlook on the company's future performance.
How do insider transactions over the last 2 years reflect on Absci's market confidence?
Over the last 2 years, insider transactions for Absci have largely consisted of selling shares, which could suggest various personal or financial motivations among insiders. The higher number of sales might require investors to investigate further, considering insiders might have insights or reasons not immediately apparent to the public.
Why is monitoring insider trading activity important for investors?
Monitoring insider trading activity is important because it provides insights into the confidence levels of a company's insiders, such as executives and directors, regarding the company's future prospects. Insider buying can signal optimism, suggesting the stock may be undervalued, while insider selling might raise questions about the stock's upcoming performance. However, it's essential to consider that sales can also occur for personal financial reasons. Insider trading activity is a valuable indicator that, when combined with other data, can help inform investment decisions.
