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Stock impact report

Insiders Rewarded With US$1.9m Addition To Investment As Vivani Medical Stock Hits US$110m [Yahoo! Finance]

Vivani Medical, Inc. (VANI) 
Company Research Source: Yahoo! Finance
The company's market value increased by US$15m as a result of the stock's 17% gain over the same period. In other words, the original US$14.6m purchase is now worth US$16.5m. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Notably, that recent purchase by Independent Chairman of the Board Gregg Williams was not the only time they bought Vivani Medical shares this year. They previously made an even bigger purchase of US$6.0m worth of shares at a price of US$1.62 per share. That means that even when the share price was higher than US$1.47 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have h Show less Read more
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