SCTL - 50K Reasons To Be Bullish On Societal CDMO Stock | Benzinga
DAVID ENLOE JR, Chief Executive Officer at Societal CDMO (NASDAQ:SCTL), reported a large insider buy on August 28, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that JR purchased 125,000 shares of Societal CDMO. The total transaction amounted to $50,000.
Societal CDMO shares are trading up 12.3% at $0.49 at the time of this writing on Tuesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used ...