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Stock impact report

Independent Chairman of the Board of Clene David Matlin Buys 26% More Shares [Yahoo! Finance]

Clene Inc. (CLNN) 
Company Research Source: Yahoo! Finance
NASDAQ:CLNN ) should definitely note that the Independent Chairman of the Board, David Matlin, recently paid US$4.75 per share to buy US$438k worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 26%. The Last 12 Months Of Insider Transactions At Clene In fact, the recent purchase by David Matlin was the biggest purchase of Clene shares made by an insider individual in the last twelve months, according to our records. Even though the purchase was made at a significantly lower price than the recent price (US$5.30), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive. In the last twelve months Clene insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider tra Show less Read more
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