ADARx: two directors bought at $17.00, OrbiMed co-filed — score 56/100

$17,195,772.00 between two directors, including the single largest individual purchase in today's edition.

ADARxInsider buyConviction 56/100

In this brief: 3 sections 1 min read

- • GORDON CARL L (Director) — 950,000 sh @ $17.00, $16,150,000.00, +7.1%
- • Chimovits Erez (Director) — 61,516 sh @ $17.00, $1,045,772.00, +0.7%
- Dollar size maxes out at 35 of 35 on the strength of Gordon's $16,150,000.00. Everything else is thin: conviction adds 1.4 of 20 because both stakes were already large, breadth 15 of 30 for two insiders, and seniority 5 of 15 since both are directors rather than officers.
- • Carl L. Gordon's 950,000-share purchase was reported alongside ORBIMED ADVISORS LLC as a co-filer.
- • Affiliated filers reporting the same purchase are counted once, so the $16,150,000.00 is not double-counted in the cluster total.
- • This is why the cluster shows 2 insiders despite three filing documents.

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