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Stock impact report

Relmada Therapeutics CEO & Director Acquires 69% More Stock [Yahoo! Finance]

Relmada Therapeutics, Inc. (RLMD) 
NASDAQ:AMEX Investor Relations: ir.relmada.com
Company Research Source: Yahoo! Finance
We reckon that's a good sign, especially since the purchase boosted their holding by 69%. Check out our latest analysis for Relmada Therapeutics The Last 12 Months Of Insider Transactions At Relmada Therapeutics In fact, the recent purchase by Sergio Traversa was the biggest purchase of Relmada Therapeutics shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$3.93). 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. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. While Relmada Therapeutics insiders bought shares during the last year, they did Show less Read more
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