Published on 10 Nov 2022 on Simply Wall St. via Yahoo Finance
Insiders who placed huge bets on Agrify Corporation (NASDAQ:AGFY) earlier this year would be...
The recent 36% drop in Agrify Corporation's (NASDAQ:AGFY) stock could come as a blow to insiders who purchased US$678k worth of stock at an average buy price of US$2.61 over the past 12 months. This is not good as insiders invest based on expectations that their money will appreciate over time. However, as a result of recent losses, their original investment is now worth only US$228k.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for Agrify