Option Care Health rises after insider stock purchase
Aug 22, 4:19 PM
OPCH
- Option Care Health's shares rose significantly after insiders purchased approximately $1.6 million worth of stock, indicating strong confidence in the company.
- Key directors collectively bought 57,750 shares, with individual purchases ranging from $21.15 to $27.62 per share.
- Following these transactions, the stock price has increased by 5%, reflecting positive market sentiment.
Investment Recommendation: Positive Outlook for Option Care Health
Shares of Option Care Health (NASDAQ: OPCH) experienced a notable increase following an insider purchase of approximately $1.6 million. Directors David Golding, Timothy Sullivan, Harry Kraemer, and Carter Pate collectively acquired 57,750 shares, with individual purchases made within a price range of $21.15 to $27.62 per share. Today, the stock reflects a 5% rise in value.