Insider Buying Signals Potential at Atea and Mackenzie Capital

Insider Buying Signals Potential at Atea and Mackenzie Capital: Investors are encouraged to pay attention to recent insider buys that hint at positive future expectations for both companies.

Date: 21-01-2025

AI Rating: 7

Insider Buying as a Signal
Insider buying can serve as a reliable indicator of future stock performance, suggesting that those with the most intimate knowledge of a company expect growth. In this report, two companies, Atea Pharmaceuticals (AVIR) and Mackenzie Realty Capital (MKZR), show significant insider purchasing activity.

Atea Pharmaceuticals (AVIR)
Franklin M. Berger, an insider at Atea Pharmaceuticals, recently bought 25,000 shares at $3.26 each, totaling $81,498. The investment appears promising as the stock price fluctuated, with a high of $3.39, indicating an immediate gain of approximately 4% at the peak of the trading session. The implication is that insiders are optimistic about Atea's future, which could encourage market confidence.

Mackenzie Realty Capital (MKZR)
Similarly, Robert E. Dixon of Mackenzie Realty Capital invested in 25,000 shares at a cost of $2.67 each. Before this recent purchase, Dixon had also bought shares for the same price, reflecting a continued belief in the stock's potential despite current trading at a 6.7% discount from his purchase price. On Tuesday, MKZR rose about 4.6%, indicating positive market response to insider confidence.

Stocks: AVIR MKZR