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Beyond Air CEO Steven Lisi recently bought the dip in XAIR stock, increasing his stake by ~4%.
I see no attempt in Mr. Lisi's actions to artificially pump the stock to sell his stake at a higher price - I explain why.
I believe that the recent decline in XAIR's share price, which has caused the stock to lose nearly a third of its capitalization was a banal market overreaction.
Given the growth catalysts and target prices of investment banks, I think following the CEO's transactions is a good idea in this case.