The EVP Gen Counsel & Secretary of Akorn (AKRX) is Buying Shares

Today, the EVP Gen Counsel & Secretary of Akorn (AKRX), Joseph Bonaccorsi, bought shares of AKRX for $112K.

Following this transaction Joseph Bonaccorsi’s holding in the company was increased by 4.84% to a total of $2.22 million.

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Currently, Akorn has an average volume of 2.53M.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $8.00, reflecting a 98.0% upside.

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Akorn, Inc. operates as a niche pharmaceutical company that develops, manufactures and markets generic and prescription pharmaceuticals, as well as, animal and consumer health products. It operates through the Prescription Pharmaceuticals and Consumer Health segments.