Immunovant Inc CFO Eva Barnett Sells 2,930 Shares
On February 22, 2024, Eva Barnett, the Chief Financial Officer of Immunovant Inc (NASDAQ:IMVT), sold 2,930 shares of the company. The transaction was filed with the SEC and can be found in detail through the following SEC Filing.
Immunovant Inc is a clinical-stage biopharmaceutical company focused on enabling normal lives for patients with autoimmune diseases. The company develops innovative therapies intended to improve patients' health and daily functioning.
Over the past year, the insider has sold a total of 35,591 shares and has not made any purchases. The recent sale by the insider occurred when shares of Immunovant Inc were trading at $36.15, valuing the company at a market cap of $5.376 billion.
The insider transaction history at Immunovant Inc over the past year indicates a trend of more insider sales than purchases. There has been a total of 1 insider buy and 41 insider sells during this period.
Investors often monitor insider transactions as they can provide insights into the company's performance and insiders' perspectives on the stock's value. However, it is important to consider that insider transactions are just one of many factors to evaluate when making investment decisions.
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