Tuesday 3/16 Insider Buying Report: SVRA, CPNG

Tuesday 3/16 Insider Buying Report: SVRA, CPNG

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.

So let's look at two noteworthy recent insider buys.

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.

So let's look at two noteworthy recent insider buys.

At Savara, a filing with the SEC revealed that on Monday, Director David A.

Ramsay purchased 689,655 shares of SVRA, for a cost of $1.45 each, for a total investment of $1M.

So far Ramsay is in the green, up about 146.9% on their purchase based on today's trading high of $3.58.

Savara is trading up about 35% on the day Tuesday.

And also on Monday, Director Harry L.

You bought $999,985 worth of Coupang, buying 28,571 shares at a cost of $35.00 a piece.

This buy marks the first one filed by You in the past year.

Coupang is trading down about 5.6% on the day Tuesday.

So far You is in the green, up about 45.1% on their purchase based on today's trading high of $50.77.