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Stock impact report

Favourable Signals For Cadrenal Therapeutics: Numerous Insiders Acquired Stock [Yahoo! Finance]

Cadrenal Therapeutics, Inc. (CVKD) 
Company Research Source: Yahoo! Finance
NASDAQ:CVKD ), it sends a favourable message to the company's shareholders. While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares. View our latest analysis for Cadrenal Therapeutics Cadrenal Therapeutics Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider purchase was by Chairman & CEO Quang Pham for US$64k worth of shares, at about US$0.93 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$0.40). Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even a Show less Read more
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