Summit Therapeutics Inc. SMMT

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.

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Summit Therapeutics Inc. (SMMT)

Sector: Healthcare; Industry: Biotechnology

Summit Therapeutics plc, a biopharmaceutical company, discovers, develops, and commercializes medicines to treat infectious diseases in the United States, Latin America, and Europe. It conducts clinical programs focusing on the Clostridium difficile infection (CDI). The company was formerly known as Summit Corporation plc and changed its name to Summit Therapeutics plc in February 2015. Summit Therapeutics plc was founded in 2003 and is based in Abingdon, the United Kingdom.

Trade Date	Insider	Title	Buy/Sell	#Shares	Price	Value	Option
2021-05-12	DUGGAN ROBERT W	Chief Executive Officer	Buy	11,365,921	$5.24	$59,557,426	No
2020-11-06	DUGGAN ROBERT W	Chief Executive Officer	Buy	14,071,856	$3.34	$46,999,999	No

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