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Stock impact report

Pleasing Signs As A Number Of Insiders Buy Rani Therapeutics Holdings Stock [Yahoo! Finance]

Rani Therapeutics Holdings, Inc. - Class A (RANI) 
Company Research Source: Yahoo! Finance
Rani Therapeutics Holdings, Inc. NASDAQ:RANI ), it sends a favourable message to the company's shareholders. Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares. Rani Therapeutics Holdings Insider Transactions Over The Last Year The Independent Director Jean-Luc Butel made the biggest insider purchase in the last 12 months. That single transaction was for US$102k worth of shares at a price of US$2.03 each. That implies that an insider found the current price of US$2.19 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Rani Therapeutics Holdings share holders is that insiders were buying at near the current price. While Rani Therapeutics Holdings insiders Show less Read more
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