SRPT - Director of Sarepta Therapeutics Purchased $3.94M In Stock | Benzinga
Richard Barry, Director at Sarepta Therapeutics (NASDAQ:SRPT), reported a large insider buy on November 6, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Barry purchased 50,000 shares of Sarepta Therapeutics. The total transaction amounted to $3,940,500.
Sarepta Therapeutics shares are trading up 3.87% at $81.03 at the time of this writing on Monday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however an insider ...