Two noteworthy insider buys were reported recently. Srinivas Akkaraju purchased 276,179 shares of Alumis (ALMS) for $1.45M, now up 20.0% at $6.30 per share. Alumis is up 8.6% on Tuesday. CFO Robb A. Lemasters bought $1.01M worth of Lineage, acquiring 30,000 shares at $33.74 each. Lineage is up 1.1% on Tuesday. Insider buying activity can be a positive indicator for investors, signaling confidence in the company’s future performance.
Read more at Nasdaq: Tuesday 11/18 Insider Buying Report: ALMS, LINE
