Insiders Re-Evaluate Their US$1.0m Stock Purchase As Flora Growth Falls To US$22m [Yahoo! Finance]
Flora Growth Corp. (FLGC)
Company Research
Source: Yahoo! Finance
Insiders buy with the expectation to see their investments rise in value over a period of time. However, recent losses have rendered their above investment worth US$815.8k which is not ideal. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether. View our latest analysis for Flora Growth Flora Growth Insider Transactions Over The Last Year In the last twelve months, the biggest single purchase by an insider was when CEO & Director Clifford Starke bought US$1m worth of shares at a price of US$1.90 per share. That means that even when the share price was higher than US$1.55 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for
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FLGC
News
- Victory Square Technologies Reports 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Flora Growth enters into agreement to acquire TruHC [Seeking Alpha]Seeking Alpha
- Flora Growth Enters Distribution Agreement to Expand Presence in Poland and Neighbouring Countries [Yahoo! Finance]Yahoo! Finance
- Aegis Capital Corp. Acted as Sole Bookrunner on a $3.23 Million Underwritten Public Offering for Flora Growth Corp. (NASDAQ:FLGC) [Yahoo! Finance]Yahoo! Finance
- Aegis Capital Corp. Acted as Sole Bookrunner on a $3.23 Million Underwritten Public Offering for Flora Growth Corp. (NASDAQ:FLGC)Accesswire
FLGC
Sec Filings
- 5/3/24 - Form EFFECT
- 4/29/24 - Form 8-K
- 4/26/24 - Form 424B5
- FLGC's page on the SEC website