On Friday, W. Whitney George of Sprott Focus Trust made a notable investment, acquiring 135,086 shares of FUND at $8.96 each, totaling $1.21 million. This purchase marks George’s fifth acquisition of FUND over the past year, bringing his total investment in the stock to $5.26 million at an average cost of $8.12 per share. Following the purchase, FUND reached a high of $9.69 during Tuesday’s trading session, reflecting an 8.2% gain at its peak.
In a separate transaction, Raymond W. Cohen purchased $199,800 worth of Kestra Medical Technologies (KMTS), acquiring 10,000 shares at $19.98 each. This latest buy comes after a previous investment of $289,000 at $17.00 per share, with KMTS trading up about 4.5% on Tuesday.
These insider purchases signal confidence in both companies, potentially influencing market sentiment and providing insights into stock performance trends for FUND and KMTS.
Source: nasdaq.com