Chamath Palihapitiya, 10% Owner at ProKidney (NASDAQ:PROK), reported a large insider sell on October 24, according to a new SEC filing.

What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Palihapitiya sold 447,500 shares of ProKidney. The total transaction amounted to $899,962.

ProKidney shares are trading up 2.23% at $1.83 at the time of this writing on Tuesday morning.

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The Importance of Insider Transactions

Insider transactions shouldn't be used primarily to make an investing decision, however, they can ...

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