CEL-SCI CEO Geert Kersten bought 29,197 shares of CVM for $199,999, up 51.8% at the high point of trading on Monday. Loop Industries Director Jay Stubina purchased 150,000 shares for $151,440, a 67.4% gain at the high point of trading on Monday. Both companies are trading up on the day, with CEL-SCI at 19.5% and Loop Industries at 21.9%.
In a notable display of insider confidence, both Loop Industries, Inc. (NASDAQ:LOOP) and CEL-SCI (CVM) saw significant buying activity by their respective executives, contributing to a positive trading day for both companies.
On July 23, 2025, Loop Industries Director Jay Howard Stubina purchased 150,000 shares of the company's common stock at a price of $1.0096 per share, totaling $151,440 [1]. This purchase comes amidst significant volatility in the stock's price, which is currently trading at $1.36 and has a 52-week range of $0.85 to $2.29. Stubina's direct holdings now stand at 202,915 shares, with an additional 285,000 shares held indirectly through a controlled corporation [1].
Meanwhile, CEL-SCI CEO Geert Kersten bought 29,197 shares of CVM for $199,999, marking a 51.8% gain at the high point of trading on Monday. This purchase was part of a broader 13.83% surge in CEL-SCI's stock price, which reached an intraday high of $7.6791 on July 2, 2025 [2]. The stock's price increase follows a wave of sector-wide restructuring, with other biotech firms like Adicet and Rocket slashing costs [2].
Both Loop Industries and CEL-SCI are trading up on the day, with CEL-SCI up by 19.5% and Loop Industries rising by 21.9%. The insider buying activity in both companies reflects a positive sentiment from key executives, suggesting potential long-term growth prospects.
References:
[1] https://za.investing.com/news/insider-trading-news/loop-industries-director-stubina-buys-151k-in-shares-93CH-3805821
[2] https://www.ainvest.com/news/cel-sci-skyrockets-13-83-fueling-biotech-breakout-2507/
Comments
No comments yet