Innovaderma PLC (LON:IDP) Insider Sells £372,500 in Stock

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Innovaderma PLC (LON:IDP) insider Haris Chaudhry sold 250,000 shares of the business’s stock in a transaction dated Thursday, September 20th. The shares were sold at an average price of GBX 149 ($1.95), for a total value of £372,500 ($486,737.23).

Shares of IDP traded up GBX 1.50 ($0.02) during trading hours on Friday, hitting GBX 121 ($1.58). 23,311 shares of the company were exchanged, compared to its average volume of 81,503. Innovaderma PLC has a 52 week low of GBX 117 ($1.53) and a 52 week high of GBX 410.50 ($5.36).

Separately, FinnCap reiterated a “corporate” rating on shares of Innovaderma in a research note on Wednesday, September 19th.

Innovaderma Company Profile

InnovaDerma PLC, through its subsidiaries, engages in the research, manufacture, and marketing of clinically proven products in life sciences, beauty, and personal care products in Europe, the United States, Australasia, Asia, and Africa. It offers a range of men's skincare products, including hand and body washes, hand creams, face washes, and face moisturizers under the Charles + Lee name; and tailored solutions under the Leimo name for hair loss comprising shampoos, conditioners, and laser technology treatments developed to combat male and female hair loss, alopecia, thinning hair.

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