Keith Meister Buys Shares of GeneDx – Insider Weekends

GeneDx Holdings Corp (WGS): $88.11

Market Cap: $2.58B

Enterprise Value: $2.52B

Introduction

There are two reasons why we might feature an idea as part of an Insider Weekends article. The first is that the company itself is quite fascinating, it may be at an inflection point or the market might have beat the stock down to an unreasonable level, something that software stocks across the board have been experiencing over the last few weeks. In fact, that might have been why we saw the CEO and founder of the digital marketing company The Trade Desk Inc (TTD) step in and purchase over $148 million worth of shares. The Trade Desk has seen its stock cut in half over the past year but rebounded 20% off the lows last week on this insider purchase and chatter that OpenAI might choose them as an advertising partner.

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