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2022-02-23

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Insiders Buying Incyte And 2 More Stocks

Although U.S. stock futures traded higher this morning after recording losses on Tuesday, there were

Insiders Buying Incyte And 2 More Stocks

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Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.</p><p>Below is a look at a few recent notable insider purchases.</p><p><b>Incyte</b></p><ul><li><b>The Trade:Incyte Corporation</b> Director Felix Baker <i>acquired a total of 525,804 shares</i> at an average price of $67.96. To acquire these shares, it cost around $35.73 million.</li><li><b>What’s Happening:</b>The company recently reported a sharp decline in Q4 earnings per share.</li><li><b>What Incyte Does:</b>Incyte focuses on the discovery and development of small-molecule drugs.</li></ul><p><b>Insight Enterprises</b></p><ul><li><b>The Trade:Insight Enterprises, Inc.</b> Director ValueAct Holdings GP, LLC <i>acquired a total of 131,006 shares</i> at an average price of $99.34. 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