Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
Annovis Bio, Inc. (ANVS)
Sector: Healthcare; Industry: Biotechnology

Annovis Bio, Inc., a clinical stage drug platform company, focuses on developing compounds to address neurodegeneration. It is also developing ANVS-301, a compound in Phase 1 clinical trials to increase cognitive capability in later stages of AD and dementia; and ANVS-405, which is in preclinical study for protecting the brain after traumatic brain injury and/or stroke. The company was founded in 2008 and is based in Berwyn, Pennsylvania.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-02-03 McGroarty Jeffrey Brian Chief Financial Officer Buy 52,833 $6.42 $339,426 No

Insider Smart

VBI Vaccines Inc (VBIV) - Since 10%-owner Perceptive Advisor LCC increased their holding in April, the stock have double the price. Impressive!

Insider Smart

SYSCO CORP (SYY) - PELTZ NELSON and Frank Joshua D are insiders of SYSCO CORP, check their transactions to see how they sell high and buy low. Would that be more persuasive than just buy or sell?