Stock Market News
3 Insider Buys of Interest Today
2022.09.19 17:15
© Reuters 3 Insider Buys of Interest Today
By Davit Kirakosyan
Insider buying activities are important for investors to pay attention to. Insiders buy for one reason – because they feel the stock is too cheap, although that doesn’t necessarily mean they are right.
Below we highlighted 3 insider buys from today:
Both CEO Carole Ben-Maimon and CFO Michael Celano of Larimar Therapeutics Inc (NASDAQ:) purchased shares (31,746 shares each) in the underwritten offering of the company at the offering price of $3.15.
Thomas Hartnett, the President of 1-800 FLOWERS.COM Inc (NASDAQ:) purchased 25,000 shares at $6.12 on September 16.