Insider buying activity is a key indicator for bargain hunters, as insiders usually invest their own money when they believe a stock will rise. William J. Chase of Intellia Therapeutics made a $1.00M purchase of NTLA, buying 100,000 shares at $10.03 each. The stock is up 7.9% on Monday. Additionally, Steven D. Gray bought $689,578 worth of Infinity Natural Resources Inc (INR), purchasing 50,000 shares at $13.79 each. INR is up about 5% on Monday. Gray’s purchase was up 5.5% at the high point of Monday’s trading session, reaching $14.54.
Read more at Nasdaq: Monday 8/25 Insider Buying Report: NTLA, INR
