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Stock impact report

Positive Signs As Multiple Insiders Buy Rapid Micro Biosystems Stock [Yahoo! Finance]

Rapid Micro Biosystems, Inc. - Class A (RPID) 
Company Research Source: Yahoo! Finance
NASDAQ:RPID ), that sends out a positive 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. View our latest analysis for Rapid Micro Biosystems The Last 12 Months Of Insider Transactions At Rapid Micro Biosystems In the last twelve months, the biggest single purchase by an insider was when Independent Director Richard Kollender bought US$50k worth of shares at a price of US$0.77 per share. That implies that an insider found the current price of US$0.83 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the Rapid Micro Biosystems insiders decided to buy shares at close to current prices. While Show less Read more
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