Insider Buys to Watch: Key Moves by Atlas Energy and Galectin Therapeutics
Bargain seekers should pay attention to insider buying activity, as it often indicates confidence in a company’s future. Today, we highlight two significant insider purchases worth noting.
Atlas Energy Solutions: A Confident Investment by Gregory M. Shepard
Recent filings with the SEC show that on Tuesday, Gregory M. Shepard purchased 2,200 shares of Atlas Energy Solutions (AESI) for $19.88 each, totaling an investment of $43,736. Despite this investment, AESI’s stock dipped about 0.5% on Friday. Remarkably, this is not Shepard’s first venture; over the past year, he has purchased shares on five different occasions, spending a total of $3.02 million at an average price of $19.40 per share.
Galectin Therapeutics: Kevin D. Freeman Makes a Strategic Move
On Wednesday, Kevin D. Freeman of Galectin Therapeutics made headlines by buying 10,000 shares at $2.70 each, amounting to a total investment of $27,000. In the previous year, Freeman had already made one other purchase, acquiring 5,950 shares at $2.38 each. Positive momentum seems to be in the air for Galectin, as the stock increased by approximately 1.3% on Friday.
VIDEO: Friday 10/18 Insider Buying Report: AESI, GALT
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