Weekly Insider Money Tracking: Directors of Cerevel Therapeutics Buy Close to $400 Million Worth of Stock
1 | Below is a look at the top insider trades with the biggest value in the past week.
Last week, the major shareholder of $Cerevel Therapeutics Holdings(CERE.US$, Bain Capital Investors Llc, purchased 5,480,052 shares worth $125 million in a transaction dated October 16th. The other two principal shareholders, Koppel Adam and Gordon Christopher, also bought an equivalent amount of stock at the same price. Moreover, with PERCEPTIVE ADVISORS purchasing additional shares valued at $20 million, insiders at Cerevel Therapeutics made total purchases of $395 million.
According to the data from the Defense World, opening at $22.77 on Friday, Cerevel Therapeutics Holdings, Inc. has a 52-week low of $19.59 and a high of $35.98. Notably, the stock's fifty-day simple moving average is $22.27, while its 200-day simple moving average is $27.32. The stock currently boasts a market capitalization of $4.03 billion.
2 | Weekly Congress tracking
There is no congress trading activity filings for the week.
Despite their influence and extensive access to information, members of Congress can buy and sell stocks with few restrictions. Individual investors could potentially make use of thisalternative data of the latest Senate stock disclosuresto obtainmarket insights.
Source: Benzinga, Finviz, UnusualWhales
Disclaimer: Past performance can't guarantee future results. Investing involves risk and the potential to lose principal. This article is for information and illustrative purposes only.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo News Official Account
Let's find out what is trending on the internet🔥🔥🔥
Hot stuffs from Reddit/Stocktwits/Ins
8299Followers
9Following
12KVisitors
Follow
D Blaine : Please add, if available, the percentage net change this represents. It adds important context.
Mon-Dellia Smith :