The Non-Executive of Knight Therapeutics (Other OTC: KHTRF) is Buying Shares

Today, the Non-Executive of Knight Therapeutics (KHTRFResearch Report), Robert Nathaniel Lande, bought shares of KHTRF for $105.5K.

Following this transaction Robert Nathaniel Lande’s holding in the company was increased by 44% to a total of $273.2K. In addition to Robert Nathaniel Lande, 3 other KHTRF executives reported Buy trades in the last month.

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Based on Knight Therapeutics’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $45.24 million and quarterly net profit of $18.09 million. In comparison, last year the company earned revenue of $4.03 million and had a GAAP net loss of $2.96 million. Currently, Knight Therapeutics has an average volume of 21.00K. The company has a one-year high of $6.00 and a one-year low of $3.44.

Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $5.69, reflecting a -27.1% downside. Six different firms, including Bloom Burton and Canaccord Genuity, currently also have a Buy rating on the stock. Starting in November 2020, KHTRF received 6 Buy ratings in a row.

The insider sentiment on Knight Therapeutics has been positive according to 22 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Robert Nathaniel Lande’s trades have generated a 4.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Knight Therapeutics Inc engages in developing, acquiring, in-licensing, out-licensing, marketing, and distributing pharmaceutical products, consumer health products, and medical devices. It offers commercialized Rx and over-the-counter products, which includes Impavido, Movantik, ATryn, and AzaSite. The company was founded by Jonathan Ross Goodman on November 1, 2013 and is headquartered in Montreal, Canada.