Shares of Marker Therapeutics (NASDAQ: MRKR) are surging premarket on Friday after the company revealed in regulatory filings that several insiders at the company purchased shares.
CEO Peter Hoang bought $250k worth of shares while Chief Development Officer Juan Vera purchased $1 million worth of stock.
Board members John Robert Wilson and Steven Elms jointly purchased $5 million worth of stock in total.
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On Thursday evening, the company was also given an overweight rating by Cantor Fitzgerald, with a price target of $6 per share, representing a 233.33% increase on Thursday’s closing price of $1.81.
Premarket, Marker Therapeutics share price is up 24.44% at $2.24.
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