Vlad Coric, Chief Executive Officer at Biohaven (NYSE:BHVN), reported a large insider buy on October 10, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Coric purchased 454,545 shares of Biohaven. The total transaction amounted to $9,999,990.
Biohaven shares are trading up 4.35% at $25.93 at the time of this writing on Tuesday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however an insider ...