HIMS is trading 5.1% up at $25.06 following a significant insider share purchase by director David B. Wells.
- Director Wells acquired 48,400 Class A shares in an open-market transaction valued at over $1.1 million, according to a recent SEC Form 4 filing.
- The sizeable purchase is being interpreted as a strong vote of confidence, driving the stock's outperformance against a flat broader market.