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Stock impact report

Bullish Cartesian Therapeutics Insiders Loaded Up On US$5.18m Of Stock [Yahoo! Finance]

Cartesian Therapeutics, Inc. (RNAC) 
Company Research Source: Yahoo! Finance
NASDAQ:RNAC ) shares over the last 12 months. This is reassuring as this suggests that insiders have increased optimism about the company's prospects. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing. The Last 12 Months Of Insider Transactions At Cartesian Therapeutics Over the last year, we can see that the biggest insider purchase was by Director Timothy Springer for US$4.3m worth of shares, at about US$23.93 per share. That means that an insider was happy to buy shares at above the current price of US$21.70. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. In the last twelve months Show less Read more
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