Maurice Zauderer, President and CEO at Vaccinex (NASDAQ:VCNX), reported a large insider buy on September 25, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Zauderer purchased 2,051,282 shares of Vaccinex. The total transaction amounted to $319,999.
Vaccinex shares are trading up 1236.24% at $1.53 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 ...