Board-linked investors filed to sell over $23M in LQDA shares last week. Canaan VIII LP, a venture capital fund with board representation at Liquidia Corporation, reported dumping nearly 196,000 shares across three days. The trades cleared at prices between $87.70 and $90.71. Fellow board-linked seller Stephen Bloch filed additional disposals in the same period. Total insider selling at LQDA has topped $23M in the past 30 days alone.
Victoria's Secret & Co. also drew attention. Singapore-based 10% owner BBRC International filed last week to reveal a $25.7M sale of 289,479 shares at $88.89, executed on July 22. It is the firm's second major sell-down in a month. A $24.4M disposal was filed in late June.
Elsewhere, Morgan Stanley saw two insiders file sales totalling $8.7M within the past two weeks. At Hancock Whitney, CFO Michael Achary filed a $1.7M sale on July 27.
On the buying side, Alpha Cognition (ACOG) saw 10% owner Opaleye Management file a $1.1M purchase. That is a notable show of confidence in a small-cap biotech.
This article is for informational purposes only and does not constitute financial advice.
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