On December 24, 2024, Ron Bentsur, Chairman & CEO, 10% Owner of Nuvectis Pharma Inc (NVCT, Financial), acquired 4,500 shares of the company, according to a recent SEC Filing. Following this transaction, the insider now holds a total of 3,270,924 shares in the company.
Nuvectis Pharma Inc is a biopharmaceutical company focused on the development of innovative therapies for the treatment of cancer. The company aims to address unmet medical needs by advancing its pipeline of drug candidates through clinical trials.
The recent purchase by Ron Bentsur is part of a broader trend of insider buying at Nuvectis Pharma Inc. Over the past year, the insider has purchased a total of 33,440 shares and has not sold any shares. This activity is consistent with the overall insider transaction history for the company, which shows 10 insider buys and 1 insider sell over the same period.
Shares of Nuvectis Pharma Inc were trading at $4.65 each on the day of the insider's recent purchase, resulting in a market cap of $91.678 million for the company. Investors may find it useful to consider the company's valuation metrics, such as the GF Value, price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow.
Below is an image illustrating the insider trend for Nuvectis Pharma Inc:
This insider buying activity may be of interest to investors who track insider transactions as a potential indicator of a company's future performance.
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