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Stock impact report

With Opus Genetics Up 16%, Insider Buyers Count Their Returns [Yahoo! Finance]

Opus Genetics, Inc. (IRD) 
Company Research Source: Yahoo! Finance
The stock rose 16%, resulting in a US$20m rise in the company's market capitalisation, translating to a gain of 132% on their initial investment. As a result, their original purchase of US$208.6k worth of stock is now worth US$483.0k. 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. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Opus Genetics Insider Transactions Over The Last Year In the last twelve months, the biggest single purchase by an insider was when CEO & Director George Magrath bought US$101k worth of shares at a price of US$1.02 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$2.30. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's p Show less Read more
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