Bargain hunters should take note of insider buying trends, as they often indicate confidence in a company’s future. On Friday, George Pavlov of Maplight Therapeutics purchased 25,000 shares of MPLT for $441,168, at a price of $17.65 each—his first purchase in the last twelve months. As of Monday, MPLT was trading down approximately 1.4%.
In a separate insider transaction on the same day, Mudit K. Jain bought 46,800 shares of CVRx for $297,592, priced at $6.36 each. This acquisition marks Jain’s third investment in CVRX over the past year, totaling $10,560 at an average price of $4.69 per share. CVRx saw a gain of around 12.1% on Monday, trading as high as $7.22 during the session.
