Pluri shares jump 12.37% intraday after director and major shareholder buy $2.08M in stock.

Pluri Inc. surged 12.37% intraday after insider confidence and analyst optimism spurred buying. Director Manieu Alexandre Weinstein and Chutzpah Holdings Ltd. purchased 452,702 shares at $4.61, totaling $2.09 million, signaling support for the stock despite its recent 15% weekly decline. The transaction, coupled with warrants exercised at negligible cost, underscored perceived undervaluation, as InvestingPro noted a fair value premium. Analysts further reinforced bullish sentiment by setting a $12 price target, highlighting significant upside potential ahead of the November 20 earnings report. The purchases occurred near a $4.01 price, below the $4.61 buy-in, suggesting insiders viewed the dip as an entry opportunity. These factors collectively drove the sharp intraday rally.