ASMB

Thursday 1/2 Insider Buying Report: ASMB, VRME

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 Assembly Biosciences, a filing with the SEC revealed that on Monday, Michael Houghton purchased 3,202 shares of ASMB, at a cost of $15.61 each, for a total investment of $49,998. So far Houghton is in the green, up about 3.0% on their purchase based on today's trading high of $16.09. Assembly Biosciences is trading up about 1.4% on the day Thursday. This purchase marks the first one filed by Houghton in the past twelve months.

And at VerifyMe, there was insider buying on Monday, by CEO and President Adam H. Stedham who bought 22,000 shares for a cost of $0.71 each, for a total investment of $15,620. Before this latest buy, Stedham purchased VRME on 3 other occasions during the past twelve months, for a total cost of $16,360 at an average of $0.63 per share. VerifyMe is trading up about 28.6% on the day Thursday. So far Stedham is in the green, up about 181.7% on their buy based on today's trading high of $2.00.

Thursday 1/2 Insider Buying Report: ASMB, VRMEVIDEO: Thursday 1/2 Insider Buying Report: ASMB, VRME

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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