Published on 27 Jul 2023 on Simply Wall St. via Yahoo Finance
Liquidia Stock Down 12% But Insiders Still In US$74k Profit
Insiders who purchased Liquidia Corporation (NASDAQ:LQDA) shares in the past 12 months are unlikely to be deeply impacted by the stock's 12% decline over the past week. After taking the recent loss into consideration, the US$292k worth of stock they bought is now worth US$366k, indicating that their investment yielded a positive return.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for Liquidia