On December 6, 2024, Linda Palczuk, Director at Avadel Pharmaceuticals PLC, purchased 3,000 shares of the company. Following this transaction, the insider now owns a total of 66,400 shares. The purchase was documented in a SEC Filing.
Avadel Pharmaceuticals PLC (AVDL, Financial) is a biopharmaceutical company focused on developing and commercializing innovative medicines for chronic diseases. The company's primary product is LUMRYZ, a once-nightly formulation for the treatment of excessive daytime sleepiness in adults with narcolepsy.
The recent insider purchase by Linda Palczuk is part of a broader trend within the company. Over the past year, there have been two insider buys and one insider sell. This indicates a net positive insider sentiment towards the company's stock.
Shares of Avadel Pharmaceuticals PLC were trading at $10.19 each on the day of the insider's purchase. This valuation gives the company a market cap of $978.070 million. The company's valuation metrics, such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, are key indicators for investors to consider when evaluating the stock's GF Value.
The insider's activity, along with the company's current market position, provides valuable insights for investors monitoring Avadel Pharmaceuticals PLC.
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