Ardelyx (NASDAQ:ARDX) just got a confidence boost from insider buying. Chairman David Mott scooped up 199,000 shares at an average price of $4.99, putting nearly $1 million on the line.

Ardelyx (NASDAQ:ARDX) just got a confidence boost from insider buying. Chairman David Mott scooped up 199,000 shares at an average price of $4.99, putting nearly $1 million on the line. The stock is ...

Shares of Ardelyx rose after the company disclosed that its chairman, David Mott, has increased its stake in the company. The stock was up 7.1%, to $5.41, in Wednesday post-market trading.

David Mott, a director at Ardelyx, Inc. (NASDAQ:ARDX), recently purchased a significant amount of the company's stock. According to a recent SEC filing, Mott acquired 199,000 shares of Ardelyx ...

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