By Davit Kerakossian
Insider buying activities are important for investors to pay attention to. Insiders buy for one reason – because they feel the stock is too cheap, although that doesn’t necessarily mean they’re right.
Below we’ve highlighted 3 insider buys of the day:
Chief Executive Officer Carol Ben Maimon and Chief Financial Officer Michael Celano of Larimar Therapeutics Inc (NASDAQ: 31,746 shares each) in the company’s IPO at the offering price of $3.15.
Thomas Hartnett, President 1-800 FLOWERS.COM Inc (NASDAQ 🙂 bought 25,000 shares at $6.12 on September 16.