Insider Buying: INmune Bio Inc (INMB) CFO Purchases 5,000 Shares of Stock

INmune Bio Inc (NASDAQ:INMB) CFO David J. Moss purchased 5,000 shares of the firm’s stock in a transaction dated Monday, May 6th. The stock was acquired at an average cost of $9.00 per share, with a total value of $45,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of NASDAQ:INMB traded down $0.08 during trading on Thursday, reaching $10.40. The company had a trading volume of 4,300 shares, compared to its average volume of 17,216. INmune Bio Inc has a twelve month low of $7.00 and a twelve month high of $11.50.

Separately, Maxim Group set a $13.00 price target on shares of INmune Bio and gave the stock a “buy” rating in a research note on Thursday, May 16th.

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INmune Bio Company Profile

INmune Bio Inc, a clinical-stage immunotherapy company, focuses on engineering and harnessing the innate immune system to treat the patient's cancer. The company intends to develop and commercialize product candidates to treat diseases comprising hematologic malignancies and solid tumors. Its development programs include INKmune, which focuses on treating women with relapse refractory ovarian carcinoma; and INB03 that treats patients with advanced cancers with elevated biomarkers of inflammation, including elevated levels of myeloid derived suppressor cells in their blood.

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