Two noteworthy insider buys were reported recently. CEO Laurent Fischer of Adverum Biotechnologies purchased 128,699 shares at $4.30 each, totaling $553,917. Adverum Biotechnologies stock is up 2.4% on Thursday. At Alta Equipment Group, insider Daniel Shribman bought 40,000 shares at $5.07 each, investing $202,940. The stock is up 2.7% on Thursday. Shribman is currently up 15.1% on the buy, with the stock trading at $5.84. These insider buys indicate confidence in the companies’ potential for growth.

Read more at Nasdaq: Thursday 12/11 Insider Buying Report: ADVM, ALTG