Thursday, January 18, 2018 10:15 PM ET
Significant Insider Buying Reverses Sale Trend of Last 90 Days in Shares of Corium International (CORI)
One insider — Perceptive Advisors Llc, 10% Owner — today, bought 510,000 shares of Corium International having a market value of approximately $6,395,357, as revealed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 650,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 140,000 shares and have averaged 580,000 shares per transaction over this time period.
Corium International insider trading represents a higher number of buy/sell trades than for the 119 peer company average over the last 90-day period. The Pharmaceuticals peer group saw 61 buy/sell trades during this period for an average of 0.5 transactions per company. The number of shares per buy/sell trade for Corium International insiders was also higher. Within the peer group there were 262,816 shares purchased and 4,925,684 shares sold with company insiders selling 76,440 shares on average.
The data used in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
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