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Insider Buying by CEO & CFO at Zynerba Pharmaceuticals

May 19, 2017


Two insiders at Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE) submitted Form 4s to the SEC for recent purchases of stock, often considered to be a bullish signal for companies. Since officers and directors of companies have the most complete picture of what is going on inside of their organization, it's a major vote of confidence to see them buying shares. 


Insider Buying by the CEO


The Chairman and CEO of Zynerba, Armando Anido, filed a Statement of Changes in Beneficial Ownership (a Form 4) with the SEC on May 16th to report two stock purchases. Mr. Anido made two separate purchases: one on May 12th, and another on May 15th. On May 12th, Mr. Anido purchased 3,500 shares of ZYNE at a weighted average price of $19.76 per share. On May 15th, Mr. Anido purchased an additional 1,500 shares of ZYNE at a weighted average price of $19.57 per share. The combined purchases amount to an investment of $98,515. 


Insider Buying by the CFO


The Chief Financial Officer of Zynerba, James Fickenscher, filed a Form 4 with the SEC on May 16th to report a stock purchase. On May 12th, Mr. Fickenscher purchased 5,200 shares of ZYNE at a weighted average price of $19.82 per share. The purchase amounts to an investment of $103,064. Following the purchase, Mr. Fickenscher beneficially owns 12,200 shares of ZYNE. 




To learn more about Zynerba Pharmaceuticals, Inc. be sure to check out the company's profile in our marijuana stocks database. To check out other companies operating in the cannabinoid-biotech space, check out our sector database


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