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Stock impact report

Immix Biopharma Independent Director Acquires 2.6% More Stock [Yahoo! Finance]

Immix Biopharma, Inc. (IMMX) 
Company Research Source: Yahoo! Finance
NASDAQ:IMMX ) recently shelled out US$52k to buy stock, at US$2.23 per share. Although the purchase is not a big one, increasing their shareholding by only 2.6%, it can be interpreted as a good sign. See our latest analysis for Immix Biopharma The Last 12 Months Of Insider Transactions At Immix Biopharma In fact, the recent purchase by Independent Director Jason Hsu was not their only acquisition of Immix Biopharma shares this year. They previously made an even bigger purchase of US$267k worth of shares at a price of US$4.88 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$2.22). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value Show less Read more
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