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Stock impact report

Insiders Rewarded With US$5.2m Addition To Investment As Insight Molecular Diagnostics Stock Hits US$183m [Yahoo! Finance]

Insight Molecular Diagnostics Inc. (IMDX) 
Company Research Source: Yahoo! Finance
The shares increased by 18% last week, resulting in a US$28m increase in the company's market worth, implying a 211% gain on their initial purchase. As a result, their original purchase of US$2.45m worth of stock is now worth US$7.62m. While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. In the last twelve months, the biggest single purchase by an insider was when insider Patrick Smith bought US$2.2m worth of shares at a price of US$2.05 per share. Even though the purchase was made at a significantly lower price than the recent price (US$6.37), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive. Insight Molecular Diagnostics insi Show less Read more
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