Published on 23 May 2024 on Simply Wall St. via Yahoo Finance
Insider Buyers At Generation Bio Sitting On US$1.1m Profit
Insiders who bought Generation Bio Co. (NASDAQ:GBIO) in the last 12 months may probably not pay attention to the stock's recent 11% drop. Reason being, despite the recent loss, insiders original purchase value of US$778.9k is now worth US$1.87m.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.