On November 12, 2024, Richard Rudick, Director at Immunic Inc (IMUX, Financial), purchased 87,300 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now directly owns 87,300 shares of the company.
Immunic Inc (IMUX, Financial) is a biotechnology firm focused on the development of treatments for immune and inflammatory diseases. The company's strategic approach targets specific immune modulation, aiming to develop therapies that can help patients with severe and chronic conditions.
The transaction occurred with shares priced at $1.15, valuing the purchase at approximately $100,395. This acquisition has contributed to a total of two insider buys over the past year, with no insider sales reported during the same period.
The current market cap of Immunic Inc stands at $105.394 million. The company's valuation metrics, such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, are also tracked for investor consideration.
Insider buying can be an indicator of corporate executives' confidence in the company's future performance. Investors often look at insider transactions to gain insights into potential future stock movements.
For more detailed analysis and insights, including the GF Value of the stock, investors and stakeholders are encouraged to visit the official GuruFocus website.
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