Insider Trades: A Closer Look at Recent Stock Movements Insider Trades: A Closer Look at Recent Stock Movements

Actionable Trade Ideas

always free


Although U.S. stocks closed mixed on Thursday, there were a few notable insider trades.

Insiders purchasing shares signals confidence in the company’s prospects or a belief that the stock is undervalued. This can be seen as an opportunity to go long on the stock. However, insider purchases should not be the sole basis for investment decisions.

Let’s take a closer look at a few recent notable insider purchases, which might provide insight for potential investment opportunities.

Interesting Moves: Dyne Therapeutics

  • The Trade: Dyne Therapeutics, Inc. DYN 10% owner Dirk Kersten acquired a total of 1,714,285 shares at an average price of $17.50, totaling around $30 million.
  • Recent Developments: Dyne Therapeutics recently priced a $300 million public offering of 17.15 million common stock at $17.50 per share.
  • Company Focus: Dyne Therapeutics is a bio-technology company focused on providing therapeutics for patients with genetically driven diseases.

Eye-Catching Trade: EyePoint Pharmaceuticals

  • The Trade: EyePoint Pharmaceuticals, Inc. EYPT 10% owner Cormorant Global Healthcare Master Fund LP acquired a total of 855,000 shares at an average price of $19.94, costing around $17.05 million.
  • Recent Developments: EyePoint recently announced the dosing of the first patient in the Phase 2 VERONA clinical trial of EYP-1901 for diabetic macular edema.
  • Company Focus: EyePoint Pharmaceuticals is a pharmaceutical company engaged in developing and commercializing ophthalmic products for the treatment of eye diseases.

Noteworthy Trade: Agree Realty

  • The Trade: Agree Realty Corporation ADC Director, Executive Chairman of the Board, Richard Agree, bought a total of 10,500 shares at an average price of $62.57, for approximately $656,985.
  • Recent Developments: Mizuho recently maintained Agree Realty with a Neutral rating and raised the price target from $61 to $65.
  • Company Focus: Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development, and management of retail properties net leased to industry-leading tenants.

Often, insider trades can provide valuable indications of a company’s prospects. However, it’s essential to conduct thorough research and consider multiple factors before making investment decisions.

These recent insider purchases could potentially serve as a starting point for investors looking to dive deeper into these companies and unearth potential opportunities in the market.

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.