9 Insiders Purchase Shares of Neptune on Open Market

November 18, 2014 • Free, Top News • Tags:

After the market closed on Friday, November 14th, Canadian Insider disclosed that 9 insiders purchased shares of Neptune Technologies (NEPT) in the open market during the past week, including the Company’s interim CEO, Andre Godin, and new Chairman, Pierre Fitzgibbon. In the aggregate, insiders picked up 95,015 shares at an average cost of CAD $2.09 (summary below). These transactions are particularly significant when compared with Neptune’s average trading volume of 93,000 shares.

Neptune, a company trading on the Nasdaq (NEPT) and Canadian TSX (NTB), develops and commercializes krill oil derived products for the nutraceutical and pharmaceutical industries. Activist investor George Haywood explains here why he's optimistic about his investment in Neptune. Mr. Haywood, who owns ...


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