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Ardelyx (NASDAQ:ARDX) Stock, Insider Trading Activity
Ardelyx: Insider buying and selling updated today.
What is Insider Activity?
Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.
What are Ardelyx Inc Insiders Doing?
At Ardelyx Inc, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 2.74K shares worth $13.44K, meanwhile, insiders have reported buying a total of 215.87K shares for a total value of $996.60K.
Notable Recent Insider Buys and Sales
- On November 14, 2024, David Mott, the company's DIRECTOR purchased 215.87K shares for $4.62 each.
- On November 12, 2024, Michael Raab, the company's PRESIDENT & CEO sold 2.74K shares for $4.9 each.
- On September 27, 2024, Michael Raab, the company's PRESIDENT & CEO sold 3K shares for $6.07 each.
Ownership Statistics for Ardelyx Inc
Shares Outstanding
235.428M
Insider Shares Owned
7.066M
Insider Percentage Owned
2.98%
Institutional Shares Held
94.631M
Institutional Percentage Held
40.0%
Data brought to you by Benzinga APIs
FAQ
Is insider trading legal?
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
What are some examples of market manipulation?
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.
Browse insider trades on all stocks.