---
title: "Monday 6/1 Insider Buying Report: ANNX, CDNL"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288303523.md"
description: "On June 1, insider buying reports highlighted two transactions. Muneer A. Satter purchased 613,497 shares of Annexon (ANNX) for $3.32M at $5.41/share, marking his third buy in a year. Meanwhile, Cardinal Infrastructure Group COO Benjamin Wood bought $1.03M worth of CDNL shares at $51.30 each. Both stocks saw positive trading performance on Monday, with ANNX up 2% and CDNL up 3.4%, leaving both insiders in the green."
datetime: "2026-06-01T16:10:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288303523.md)
  - [en](https://longbridge.com/en/news/288303523.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288303523.md)
---

# Monday 6/1 Insider Buying Report: ANNX, CDNL

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

At Annexon, a filing with the SEC revealed that on Thursday, Muneer A. Satter purchased 613,497 shares of ANNX, at a cost of $5.41 each, for a total investment of $3.32M. So far Satter is in the green, up about 9.4% on their buy based on today's trading high of $5.92. Annexon is trading up about 2% on the day Monday. Before this latest buy, Satter bought ANNX on 2 other occasions during the past twelve months, for a total cost of $8.66M at an average of $3.73 per share.

And on Wednesday, CHIEF OPERATING OFFICER Benjamin Wood bought $1.03M worth of Cardinal Infrastructure Group, buying 20,000 shares at a cost of $51.30 each. Cardinal Infrastructure Group Inc - Class A Commo is trading up about 3.4% on the day Monday. So far Wood is in the green, up about 8.0% on their buy based on today's trading high of $55.38.

**VIDEO: Monday 6/1 Insider Buying Report: ANNX, CDNL**

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

### Related Stocks

- [ANNX.US](https://longbridge.com/en/quote/ANNX.US.md)
- [CDNL.US](https://longbridge.com/en/quote/CDNL.US.md)
- [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md)

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