Director Paul J. Fribourg of International Flavors & Fragrances (IFF) bought 273,500 shares at $74.29 each on Monday, totaling a $20.32 million investment. This marks his third purchase in the past year, with prior investments amounting to $11.97 million at an average price of $69.64 per share. IFF shares rose approximately 2.5% on Wednesday.
On Tuesday, CEO Kevin Tang of Aurinia Pharmaceuticals (AUPH) acquired 814,606 shares for $15.29 each, investing $12.46 million. This purchase follows two earlier transactions in the past year, where Tang spent a total of $26.28 million at an average price of $11.94 per share. AUPH shares increased about 3.6% on Wednesday and were trading as high as $16.00 at one point during the session.
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