CEO & Director of Ascend Wellness Holdings Picks Up 47% More Stock – Simply Wall St

Investors who take an interest in Ascend Wellness Holdings, Inc. (CSE:AAWH.U) should definitely note that the CEO & Director, John Hartmann, recently paid US$1.25 per share to buy US$137k worth of the stock. That’s a very decent purchase to our minds and it grew their holding by a solid 47%.

Check out our latest analysis for Ascend Wellness Holdings

Ascend Wellness Holdings Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Co- Founder & Executive Chairman of The Board, Abner Kurtin, for US$195k worth of shares, at about US$1.17 per share. So it’s clear an insider wanted to take some cash off the table, even below the current price of US$1.29. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don’t know for sure what they think of the stock price. This single sale was just 10% of Abner Kurtin’s stake. Abner Kurtin was the

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