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Insider Transactions
| Name | Transaction Date | Sold / Bought | Shares | Price | Value |
|---|---|---|---|---|---|
| ORBIMED ADVISORS LLC | Aug 13, 2024 | Buy | 478,342 | $4 | $1.9M |
| ORBIMED ADVISORS LLC | Aug 13, 2024 | Buy | 21,658 | $4 | $87,000 |
What's the latest insider transaction for Scpharmaceuticals?
The most recent insider transaction for Scpharmaceuticals was conducted by ORBIMED ADVISORS LLC, who sold 478,342 shares on August 13, 2024 at a price of $4.00 per share.
Which insider bought the most SCPH stock over the last two years?
ORBIMED ADVISORS LLC has bought the most SCPH stock in the last 2 years, with a total value of $2M.
What is the total value of insider transactions for Scpharmaceuticals (SCPH) in the last 2 years?
According to our estimates, the total value of insider transactions for Scpharmaceuticals in the last 2 years is positive, amounting to $2M. 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 Scpharmaceuticals' market confidence?
Over the last 2 years, insider transactions for Scpharmaceuticals 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.
