HIMS is trading 5.4% up today at $25.14 following a $1.1 million insider share purchase by director David B. Wells.
- Wells acquired 48,400 Class A shares through an open-market transaction, according to a recent SEC Form 4 filing.
- The sizeable purchase is widely viewed by investors as a strong confidence signal from company leadership.
- The transaction represents a total personal investment of over $1.1 million at market prices.