SuRo Capital’s CEO Buys Ahead of Rumored OpenAI IPO – Insider Weekends

SuRo Capital (SSSS): $13.04

Market Cap: $331.23M

Enterprise Value: $352.34M

Introduction

Insider buying spiked significantly last week but most of the increase was related to insider buying in IPOs. We find insider buying in IPOs unusual as it is usually a liquidity event for existing investors and their decision to buy more in the IPO is notable.

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