Selling Scholar Rock Holding Shares at a Lower Price Than Current Market Value May Have Been a Costly Mistake for Insiders
Scholar Rock Holding Corporation’s (NASDAQ:SRRK) value has fallen 15% in the last week, but insiders who sold US$1.2m worth of stock over the last year have had less success. Insiders would probably have been better off holding on to their shares given that the average selling price of US$14.27 is still lower than the current share price.
Although we don’t think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for Scholar Rock Holding
Scholar Rock Holding Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the Chief Scientific Officer, Mo Qatanani, for US$295k worth of…