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Insider Transactions
| Name | Transaction Date | Sold / Bought | Shares | Price | Value |
|---|---|---|---|---|---|
| AJJARAPU SURENDRA K | Feb 14, 2023 | Buy | 5,411,000 | $1 | $5.4M |
What's the latest insider transaction for Ocean Biomedical?
The most recent insider transaction for Ocean Biomedical was conducted by AJJARAPU SURENDRA K, who sold 5,411,000 shares on February 14, 2023 at a price of $1.00 per share.
Which insider bought the most OCEA stock over the last two years?
AJJARAPU SURENDRA K has bought the most OCEA stock in the last 2 years, with a total value of $5.4M.
What is the total value of insider transactions for Ocean Biomedical (OCEA) in the last 2 years?
According to our estimates, the total value of insider transactions for Ocean Biomedical in the last 2 years is positive, amounting to $5.4M. This indicates that insiders have predominantly bought shares, showcasing their confidence in the company's future prospects.
How do insider transactions over the last 2 years reflect on Ocean Biomedical's market confidence?
Over the last 2 years, insider transactions for Ocean Biomedical have predominantly involved purchasing shares, indicating a strong confidence among insiders in the company's future prospects. This trend of more purchases than sales could be a positive signal to potential investors about the insiders' view on the company's valuation and growth potential.
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.
