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
SpringWorks Therapeutics, Inc. (SWTX)
Sector: Healthcare; Industry: Biotechnology

SpringWorks Therapeutics, Inc., a clinical-stage biopharmaceutical company, acquires, develops, and commercializes medicines for underserved patient populations suffering from rare diseases and cancer. Its lead product candidate is nirogacestat, an oral small molecule gamma secretase inhibitor that is in Phase III clinical trial for the treatment of desmoid tumors. The company is also developing mirdametinib, an oral small molecule MEK inhibitor that is in Phase IIb clinical trial for the treatment of neurofibromatosis type 1-associated plexiform neurofibromas; Nirogacestat + belantamab mafodotin, which is in Phase Ib clinical trial for the treatment of relapsed or refractory multiple myeloma (RRMM); and Nirogacestat + ALLO-715 that is in preclinical trials for the treatment of RRMM. SpringWorks Therapeutics, Inc. has collaborations with BeiGene, Ltd., GlaxoSmithKline LLC, and Allogene to develop combination approaches with nirogacestat and mirdametinib, as well as medicines; and license agreements with Pfizer Inc. for nirogacestat and mirdametinib.

Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-01-25 Edris Badreddin Chief Operating Officer Sell 32,000 $84.07 $2,690,282 No
2021-01-20 Smith L. Mary Chief Development Officer Sell 10,000 $78.70 $787,016 Yes
2021-01-20 Islam Saqib Chief Executive Officer Sell 62,500 $78.55 $4,909,390 No
2019-09-17 Lewis-Hall Freda C 10%-Owner, Director Buy 50,000 $18.00 $900,000 Yes
2019-09-17 SQUINTO STEPHEN P 10%-Owner, Director Buy 275,000 $18.00 $4,950,000 Yes
2019-09-17 ORBIMED ADVISORS LLC 10%-Owner Buy 275,000 $18.00 $4,950,000 Yes
2019-09-17 Bain Capital Life Sciences Investors, LLC 10%-Owner Buy 150,000 $18.00 $2,700,000 Yes
2019-09-17 PFIZER INC 10%-Owner Buy 50,000 $18.00 $900,000 Yes

Insider Smart

SIMON PROPERTY GROUP (SPG) - Bottom fishing the crash could be intimidating, but it can be easier if you know insiders are on your side. Aeppel Glyn, Director of SPG played safe and bought shares in May at $50, but it is not late at all, the stock is now $90.

Insider Smart

Camping World Holdings, Inc (CWH) - Another crash victim, Camping World Holdings, Inc took a deep dive from $16 to $4, several insiders bought around $6. With insiders on your side, this would be an easy add and hold to get your cost under $6. A 300% gain because stock is about to breach $25 in the coming weeks.