$BHVN.US Ranked Positive On April 25th, 2024

Smart Insider $BHVN.US Ranked Positive On April 25th, 2024

$BHVN.US Ranked Positive On April 25th, 2024

Biohaven Ltd (BHVN US, +1, 25-Apr-24)

Gregory Bailey (Director since 2022; prior director of Former Parent since 2014) purchased $1 million worth of stock on April 24th at $39.18, increasing his holdings to 1.6 million shares. This purchase follows a $2 million purchase on a $265 million stock offering on April 22nd at $41. 

On that offering, John Childs (Director since 2022 and of Former Parent since 2014) spent $8 million and Vladimir Coric (CEO and Chair since inception and of Former Parent) spent $5 million. 

Before these recent purchases, the three long-tenured insiders¬†last bought in October 2023 at $22, also on an offering. They also all bought shares soon after the company’s listing in¬†October 2022 around $10.50 per share. It is interesting to see aggressive buying at meaningfully higher price points¬†from multiple insiders.¬†

We are ranking the stock +1.

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