Top Executive Makes Bold Insider Move on Forte Biosciences Stock

Tip Ranks
2026.01.03 02:03
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Forte Biosciences' CFO, Antony A. Riley, purchased 9,680 shares of the company's stock on January 2, 2026, totaling $254,777, indicating strong insider confidence. However, TipRanks' AI Analyst rates FBRX as Neutral due to weak financial performance, including no revenue and widening losses, despite a debt-free balance sheet and positive technical trends. The current market cap is $341.6M with an average trading volume of 122,928.