Why insider trading matters?

Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.

- Peter Lynch
PLx Pharma Inc. (PLXP)
Sector: Healthcare; Industry: Drug Manufacturers—Specialty & Generic

PLx Pharma Inc., a late-stage specialty pharmaceutical company, focuses on developing its PLxGuard delivery system to provide various products in the United States. The company's lead product candidates are Vazalore 325 mg and Vazalore 81 mg, which are formulations of aspirin that use the PLxGuard delivery system to reduce acute gastrointestinal (GI) side effects while providing antiplatelet effectiveness for cardiovascular disease prevention. The company was founded in 2002 and is based in Sparta, New Jersey.

PLXP Symbol Info by TradingView

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2018-12-27 Park West Asset Management LLC 10%-Owner Buy 397,495 $1.00 $397,495 Yes

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