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Stock impact report

Bullish Tectonic Therapeutic Insiders Loaded Up On US$61.2m Of Stock [Yahoo! Finance]

Tectonic Therapeutic, Inc. (TECX) 
Company Research Source: Yahoo! Finance
This is reassuring as this suggests that insiders have increased optimism about the company's prospects. Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. 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. Tectonic Therapeutic Insider Transactions Over The Last Year The Co-Founder & Independent Director Timothy Springer made the biggest insider purchase in the last 12 months. That single transaction was for US$40m worth of shares at a price of US$54.14 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$16.02). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock if insiders have boug Show less Read more
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