Richard Barry, Director at Sarepta Therapeutics (NASDAQ:SRPT), reported a large insider buy on November 6, according to a new SEC filing.

What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Barry purchased 50,000 shares of Sarepta Therapeutics. The total transaction amounted to $3,940,500.

Sarepta Therapeutics shares are trading up 3.87% at $81.03 at the time of this writing on Monday morning.

Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.

Why Insider Transactions Are Important

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

Full story available on Benzinga.com