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Stock impact report

Favourable Signals For Orchestra BioMed Holdings: Numerous Insiders Acquired Stock [Yahoo! Finance]

Orchestra BioMed Holdings, Inc. - Ordinary Shares (OBIO) 
Company Research Source: Yahoo! Finance
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The Founder David Hochman made the biggest insider purchase in the last 12 months. That single transaction was for US$55k worth of shares at a price of US$2.75 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$4.57. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices. Over the last year, we can see that insiders have bought 52.76k shares worth US$169k. On the other hand they divested 2.68k shares, for US$8.2k. In the last twelve months there was more buying than selling by Orchestra BioMed Holdings insiders. Their average price w Show less Read more
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