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Stock impact report

Ovid Therapeutics Reaches US$197m Market Cap Benefiting Insider Stock Buying [Yahoo! Finance]

Ovid Therapeutics Inc. (OVID) 
Last ovid therapeutics inc. earnings: 3/11 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.ovidrx.com
Company Research Source: Yahoo! Finance
The shares increased by 11% last week, resulting in a US$21m increase in the company's market worth, implying a 11% gain on their initial purchase. In other words, the original US$50.4k purchase is now worth US$55.7k. Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. See our latest analysis for Ovid Therapeutics Ovid Therapeutics Insider Transactions Over The Last Year In fact, the recent purchase by Jeremy Levin was the biggest purchase of Ovid Therapeutics shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of US$3.05 per share to be enticing. 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. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they ma Show less Read more
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