Iterum Therapeutics PLC
NASDAQ:ITRM
During the last 3 months Iterum Therapeutics PLC insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 15% over this period (open performance analysis).
The last transaction was made on
Dec 22, 2023
by
Dunne Michael W.
(Principal Financial Officer)
, who
bought
35k USD
worth of ITRM shares.
During the last 3 months Iterum Therapeutics PLC insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 15% over this period (open performance analysis).
The last transaction was made on
Dec 22, 2023
by
Dunne Michael W.
(Principal Financial Officer)
, who
bought
35k USD
worth of ITRM shares.
Iterum Therapeutics PLC
Glance View
Iterum Therapeutics Plc operates as a pharmaceutical company, which engages in the development and commercialization of sulopenem to be potentially the first and only oral and intravenous (IV) branded penem available. The company is headquartered in Dublin, Dublin and currently employs 13 full-time employees. The company went IPO on 2018-05-25. The firm is focused on developing significantly differentiated anti-infectives aimed at combatting the global crisis of multi-drug resistant (MDR) pathogens. The firm is developing sulopenem - the oral and intervenous (IV) penem antibiotic demonstrating a potent spectrum of activity against multi-drug resistant gram-negative. The company is a bioavailable, antibiotic covering gram-positive, gram-negative and anaerobic pathogen with in-vitro activity against multidrug-resistant pathogens, including Extended-Spectrum Beta-Lactamase (ESBL)-producing Escherichia, coli and Klebsiella and pneumonia. The firm also developed sulopenem in an oral tablet formulation, sulopenem etzadroxil-probenecid, which is known as oral sulopenem.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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