Yat-Gai Au has increased his stake in Regencell Bi
Post# of 6702
Those who keep track of Regencell Bioscience Holdings Limited (NASDAQ:RGC) will undoubtedly find it interesting that Yat-Gai Au, the company's founder, recently bought shares for a whopping US$886k at an average price of US$39.48. Even though it just slightly increased their holding size, it is still a significant change by our standards.
Insider Transactions During The Past Year Associated With Regencell Bioscience Holdings.
Notably, Founder Yat-Gai Au has acquired Regencell Bioscience Holdings shares on several occasions this year besides the most recent one. They purchased US$1.2m worth of shares earlier this year for US$25.23 each. We still believe that insider buying is a good thing, despite the fact that the transaction was done at a price that was much lower than the most current price (US$31.32). It does not provide much insight into whether insiders could find the current pricing alluring because it took place at a lesser valuation.
Over the past 12 months, Yat-Gai Au purchased 90.78k shares at an average cost of US$29.35. The graph below displays insider transactions over the previous year for both businesses and people. Click on the graph below to find out exactly who sold, for how much, and when.
RGC Insider Trading Volume July 28th 2022
There are always plenty of stocks that insiders are buying
Regencell Bioscience Holdings Is Owned by Insiders.
In order to better understand how closely associated a company is with insiders, I like to look at how many shares insiders possess in that company. Leadership in a corporation is frequently more aware of shareholder interests when insider ownership is high. It's fantastic to see that insiders at Regencell Bioscience Holdings hold 81 percent of the company, which is valued at roughly US$330 million. This amount of insider ownership is something I prefer to see since it makes management more likely to consider the interests of shareholders first.
https://www.nasdaq.com/articles/yat-gai-au-is...c-and-just