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Pot Stock,Insiders

ACB Showing Recent Insider Activity

Recent activity shows that Aurora Cannabis, ACB the Insider Confidence level is trending Up due to Corporate Insiders of ACB Bought $144.8K worth of shares in the last 3 months.  

Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
 
"Insider Buying" is not a crime when the buying is based on public information. 
 
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell.  That's why people pay attention to insider buying.

Here is a list of the latest insider activity for ACB:
  • Chitwant Kohli - Non-Executive,Director, Bought $84,000 worth of shares on 6 days ago
  • Ronald Funk - Chairman,Director, Bought $97,500 worth of shares on 20 hours ago
  • Andre Jerome - Divisional Executive Vice-President, n/a worth of shares on 3 months ago
  • Andre Jerome - Divisional Executive Vice-President, Sold $45,963 worth of shares on 3 months ago
TipRanks.com reports that Aurora Cannabis currently has 9 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $3.00 . The target pricing ranges from a high forecast of $3.99 down to a low forecast of $1.71. Aurora Cannabis (ACB)’s last closing price was $1.56 which would put the average price target at 92.31% upside.

In addition, TradingView issued a Sell rating for ACB over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook

Aurora Cannabis, ACB
Summary: Aurora Cannabis Inc is a Canada-based company engaged in the production and distribution of medical cannabis. The Company is vertically integrated and horizontally diversified across every key segment of the value chain, from facility engineering and design to cannabis breeding and genetics research, cannabis and hemp production, derivatives, home cultivation, wholesale and retail distribution. The Company's purpose-built facilities, which integrate technologies across all processes, are defined by automation and customization. The Company has a funded capacity of more than 500,000 kilograms per year, as well as sales and operations in 24 countries across 5 continents.
  • Last Price: $1.56
  • Price Change: -$0.06, -3.7037%
  • Yearly Gain: -84.47%
  • Market Cap: $464.48M
  • P/E Ratio: -0.352
Remember, securities are volatile, so please do your own research on ACB. If you are interest in stocks like ACB or stocks in the Basic Materials sector, please click here.

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

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This information was sourced from various 3rd party public sources but to get the best insight into insider activity related to ACB, you should consider joining TipRanks.com.

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