Published on 23 Feb 2023 on Simply Wall St. via Yahoo Finance
Insiders at Aravive, Inc. (NASDAQ:ARAV) snagged a bargain: a US$813k profit on a US$860k buy
Insiders who bought Aravive, Inc. (NASDAQ:ARAV) in the last 12 months may probably not pay attention to the stock's recent 10% drop. After accounting for the recent loss, the US$860k worth of shares they purchased is now worth US$1.7m, suggesting a good return on their investment.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
Check out our latest analysis for Aravive