Tipranks: insiders with great track records are buying these 3 health-care stocks

Tipranks: insiders with great track records are buying these 3 health-care stocks

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TipRanks identified the corporate insiders with the best-performing track records and found which health-care stocks they like right now. We differentiate between informative and


uninformative insider transactions in order to find the most compelling opportunities. Uninformative transactions indicate that an insider is buying/selling shares for reasons that do not


necessarily indicate confidence in the company, such as exercising share options. In contrast, informative transactions are deliberately made by insiders, often because they feel the stock


is undervalued. In this case, we looked at stocks that exhibit strong buy indicators based on informative transactions of top insiders who are company executives, board members or 10 percent


shareholders of publicly traded companies. Below are three health-care stocks highly ranked corporate insiders are buying. 1. Corbus Pharmaceuticals (CRBP) Corbus shows positive insider


sentiment with corporate insiders purchasing shares worth $79,400 in the last three months. In the most recent transaction, top-ranked CMO Barbara White bought $40,171 of CRBP shares on Mar.


20. Shares in Corbus have exploded in the last year from just $1.8 to the current share price of $9 through Thursday. The company, which develops therapies for rare inflammatory diseases


such as cystic fibrosis, is currently testing its potentially groundbreaking drug Anabasum in four separate Phase 2 clinical trials. On Mar. 14 both Cantor Fitzgerald's Elemer Piros and


Noble Financial's Mark Jordan issued buy ratings on CRBP stock. Piros' price target for Corbus is $17, representing an 89 percent upside from Thursday's close. 2. La Jolla


Pharmaceutical (LJPC) Director Kevin Tang bought shares in La Jolla Pharmaceutical , worth $3.4 million on Mar. 6, bringing his total LJPC holding to $110 million. CEO George Tidmarsh also


bought shares in the stock on the same day worth $102,490. La Jolla develops therapies to improve outcomes in patients suffering from life-threatening diseases. Share prices soared over 50


percent at the end of February after the company announced positive Phase 3 trial data for its novel hypotension treatment. SunTrust analyst Yatin Suneja says the pipeline product, LJPC-501,


could represent a $500 million-plus opportunity. La Jolla has a strong buy analyst consensus rating on TipRanks with five buy ratings published in the last three months and an average


analyst price target of $56, representing 60 percent upside from Thursday's close. 3. Bruker (BRKR) Bruker is a manufacturer of scientific instruments for molecular and materials


research. On Mar. 20, CEO Frank Laukien added shares worth $100,000 to his $889 million BRKR holding, which is his third purchase of the company's shares in the last three months. The


stock has a moderate buy analyst consensus rating on TipRanks, with Jefferies analyst David Windley reiterating his buy rating on Mar. 20 with a $29 price target, representing 25 percent


upside from Thursday's close. Editor's note: TipRanks is a fintech company that ranks analysts and financial bloggers based on their picks' performance. This piece highlights


analysts with great track records who are not necessarily from the biggest firms. Dr. Yuval Cohen, Corbus CEO, featured on "Mad Money with Jim Cramer" on October 19, 2016. Ashlee


Espinal | CNBC TipRanks identified the corporate insiders with the best-performing track records and found which health-care stocks they like right now. We differentiate between informative


and uninformative insider transactions in order to find the most compelling opportunities. Uninformative transactions indicate that an insider is buying/selling shares for reasons that do


not necessarily indicate confidence in the company, such as exercising share options. In contrast, informative transactions are deliberately made by insiders, often because they feel the


stock is undervalued. In this case, we looked at stocks that exhibit strong buy indicators based on informative transactions of top insiders who are company executives, board members or 10


percent shareholders of publicly traded companies. Below are three health-care stocks highly ranked corporate insiders are buying.