Rafael Holdings Insider Transactions: CEO Buys $17m Worth of Shares in Past Year

Rafael Holdings' CEO, Howard Jonas, bought $17m worth of shares at $1.28 per share, the largest insider purchase in the last year. Insiders were net buyers of the company's stock, with Jonas being the only individual insider to buy shares. The company has a moderate level of insider ownership, with insiders owning 38% of shares. The transactions suggest that insiders have confidence in the company's future.