What's happening behind the scenes?
Insiders continue to purchase shares
Yesterday (Friday), we identified 2 insider purchases totaling over $1,000,000 in $ZBIO stock
Ms. Hongbo Lu, a director and partner at VIVO Capital, purchased shares totaling $584,662 on February 11
Ms. Patricia L. Allen, a director, purchased shares the next day totaling approximately $500,000
An interesting fact is the price difference: while Hongbo purchased shares when the price was $22.5 per share, Patricia purchased at a price of $25.16 per share – an 11% price difference
Additionally, a few days ago, analyst Matthew Coffield from HC Wainwright & Co gave $ZBIO a price target of $44.
We are monitoring