Neil Desai, Executive Chairman at Aadi Bioscience (NASDAQ:AADI), reported a large insider sell on October 3, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Desai sold 42,000 shares of Aadi Bioscience. The total transaction amounted to $179,001.
Aadi Bioscience shares are trading up 20.4% at $4.84 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however an ...