Published on 12 Sep 2023 on GuruFocus.com via Yahoo Finance
Insider Buying: Kevin Norrett Acquires 9,000 Shares of Codexis Inc (CDXS)
On September 11, 2023, Kevin Norrett, the COO of Codexis Inc (NASDAQ:CDXS), made a significant insider purchase of 9,000 shares of the company's stock. This move has sparked interest among investors and analysts alike, as insider buying often signals an executive's confidence in the company's future prospects.
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Kevin Norrett is a seasoned executive with a wealth of experience in the biotechnology industry. As the COO of Codexis, he plays a pivotal role in the company's strategic planning and operational execution. His decision to increase his stake in the company is a strong vote of confidence in Codexis' business model and future growth potential.