ANVS - Annovis Bio Board Member Trades $999K In Company Stock | Benzinga
Michael Hoffman, Board Member at Annovis Bio (NYSE:ANVS), reported a large insider buy on November 22, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Hoffman purchased 163,880 shares of Annovis Bio. The total transaction amounted to $999,667.
Annovis Bio shares are trading down 1.67% at $6.49 at the time of this writing on Thursday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however ...