Srinivas Akkaraju, Board Member at Scholar Rock Holding (NASDAQ:SRRK), reported a large insider buy on October 18, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Akkaraju purchased 2,189,781 shares of Scholar Rock Holding. The total transaction amounted to $14,999,999.
Scholar Rock Holding shares are trading up 5.05% at $7.9 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 ...