20 Stocks Insiders Bought in April After Trump’s Tariff Rollout

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1. Edgewise Therapeutics, Inc. (NASDAQ:EWTX)

Edgewise Therapeutics ranks first among 20 stocks insiders bought in April after Trump’s tariff announcement. It is a clinical-stage biotech company focused on developing therapies for rare muscular disorders. Its lead drug, EDG-5506, aims to prevent muscle damage in patients with Duchenne and Becker muscular dystrophy. The Boulder, Colorado-based company also develops EDG-7500 for hypertrophic cardiomyopathy and maintains a strong financial position with $470 million in cash as of Q4 2024.

On April 2, the company announced positive top-line data from its Phase 2 CIRRUS-HCM trial of EDG-7500 in patients with obstructive and nonobstructive hypertrophic cardiomyopathy (HCM). The trial showed that EDG-7500 effectively reduced the left ventricular outflow tract gradient without affecting systolic function. The treatment was tested in both obstructive and nonobstructive HCM participants, demonstrating promising safety and efficacy results.

In April, two insiders acquired around $20 million worth of Edgewise Therapeutics shares at an average price of $20.13 per share. Currently, the stock trades at $11.83 per share, having dropped 55.69% year-to-date and 29.92% over the past 12 months. The purchases were part of the company’s underwritten offering of 9.94 million shares.

Nine Wall Street analysts rate Edgewise Therapeutics as a “Strong Buy” with a price target of $43 per share, according to TipRanks. The average price target suggests a 263.48% upside from the latest price.

Overall, EWTX ranks first among the 20 stocks insiders bought in April after Trump’s tariff rollout. While we acknowledge the potential of EWTX, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than EWTX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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