Insider buying at Loar Holdings and Korro Bio has drawn attention from investors. Charles R. Dirkson purchased 44,000 shares of LOAR on Thursday at $67.45 each, totaling $2.97 million. Shares are currently trading at approximately $62.98, which is 6.6% lower than Dirkson’s purchase price. Prior to this, Dirkson had also bought $2.97 million worth of shares at the same price in the past year.
On Tuesday, Rick Yang of Korro Bio bought 207,100 shares at $11.11 each, amounting to a total investment of $2.30 million. Korro Bio’s stock has risen about 11.1% as of Friday, with shares trading as high as $14.79 during the day—yielding a 33.1% gain from Yang’s purchase price at its peak.
