ADVM Showing Recent Insider Activity
Recent activity shows that Adverum Biotechnologies, ADVM the Insider Confidence level is trending Up due to Corporate Insiders of ADVM Bought $119.9K 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.
- Beckman Richard - CMO, Bought $8,200 worth of shares on 1 week ago
- Seyedkazemi Setareh - CDO, Bought $16,800 worth of shares on 2 days ago
- Dawn Graham - Director, Bought $25,500 worth of shares on 1 week ago
- D'Souza Rupert - CFO, Bought $16,700 worth of shares on 1 week ago
In addition, TradingView issued a Sell rating for ADVM over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook.
Adverum Biotechnologies, ADVM
Summary: Adverum is a clinical-stage gene therapy company targeting unmet medical needs in ocular and rare diseases. Adverum develops gene therapy product candidates designed to provide durable efficacy by inducing sustained expression of a therapeutic protein. Adverum's core capabilities include clinical development, novel vector discovery and in-house manufacturing expertise, specifically in scalable process development, assay development, and current Good Manufacturing Practices quality control.
- Last Price: $0.885
- Price Change: $0.0276, 3.2194%
- Yearly Gain: -75.73%
- Market Cap: $87.40M
- P/E Ratio: -0.543
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