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Stock impact report

Insider Stock Buying Reaches US$3.06m On Fortress Biotech [Yahoo! Finance]

Fortress Biotech, Inc. (FBIO) 
Last fortress biotech, inc. earnings: 11/12 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: fortressbiotech.com
Company Research Source: Yahoo! Finance
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares. Check out our latest analysis for Fortress Biotech The Last 12 Months Of Insider Transactions At Fortress Biotech Over the last year, we can see that the biggest insider purchase was by Executive Chairman Lindsay Rosenwald for US$2.7m worth of shares, at about US$1.70 per share. That means that an insider was happy to buy shares at around the current price of US$1.86. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider purchases were made at close to current prices. Fortress Biotech insiders may have bought shares in the last year, but they didn't sell any. The chart b Show less Read more
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