NOTABLE INSIDER PURCHASES:Significant insider purchases reported in the prior week from March 1 through March 5 include:
- Chairman of Enterprise Products Partners (EPD) Randa Williams purchased 677,860 shares of company stock at $22.71 per share for a total transaction amount of $15,392,167
- Director of Wayfair (W) Michael Kumin purchases 48,000 shares of company stock at $283.50 per share for a total transaction amount of $13,607,942
- Ironwood Pharmaceuticals (IRWD) director Alexander Denner purchased 775,000 shares of company stock at $10.01 per share for a total transaction amount of $7,758,758
- Keurig Dr Pepper (KDP) officer Mauricio Arboleda purchased 16,140 shares of company stock at $30.99 per share for a a total transaction amount of $500,106
You know Ironwood I have known since it's IPO.
This stock is very cheap. It has always been around $10.
WTF is the mater with it?
Heavy insider buy is interesting////
IRWD--
Dec 2020- Ironwood adds 'serial seller' to board, Dealreporter says 12/04/20 IRWD, ABBV Ironwood Pharmaceuticals (IRWD) has added "serial seller" Jay Shepard, who "has an extensive background in M&A," to its board, noted Dealreporter, contacts tell The Fly. Ironwood has been "on the radar" since Alex Denner took a seat on the company's board last month, and "Shepard's history certainly caught our eye," added the deal-focused publication, which notes that is has linked Ironwood to AbbVie (ABBV) as a potential acquirer in the past given the companies' existing profit-sharing agreement for Linzess.
Feb 6 2021- Ironwood CEO Mark Mallon plans to step down 02/08 IRWD Ironwood Pharmaceuticals announced that Mark Mallon plans to step down as chief executive officer and a member of the Ironwood Board of Directors in order to pursue another leadership opportunity, effective March 12, 2021.
Feb 9 2021- Ironwood odds of sale improved with CEO exit, says Gordon Haskett 02/09 IRWD The odds of Ironwood being sold "to someone who could do more with Linzess... crept higher last night" when the company announced that CEO Mark Mallon will be leaving, Gordon Haskett's head of event-driven research, Don Bilson, said in a note to investors earlier. Bilson, who noted that Sarissa Capital is a shareholder and its Alex Denner picked up a board seat in November, added that it "would be our guess that the period between now and the naming of a new CEO serves as the most opportune time to sell the company."
Feb 17 2021- Ironwood sees FY21 revenue $370M-$385M, consensus $383.96M
March 8 Insider buy.....
IRWD @ $ 10.63 is a buy!