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Insider buying activities are important for investors to pay attention to. Insiders buy for one reason – because they feel the stock is too cheap, although that doesn’t necessarily mean they are right.
Below we highlighted 3 insider buys from today:
Both CEO Carole Ben-Maimon and CFO Michael Celano of Larimar Therapeutics Inc (NASDAQ:LRMR) purchased shares (31,746 shares each) in the underwritten offering of the company at the offering price of $3.15.
Thomas Hartnett, the President of 1-800 FLOWERS.COM Inc (NASDAQ:FLWS) purchased 25,000 shares at $6.12 on September 16.
