Insiders are Piling into These 5 Healthcare Stocks in 2024

2. Nkarta Inc (NASDAQ:NKTX)

Number of Hedge Fund Investors: 14

California-based allogeneic natural killer (NK) cell therapies company Nkarta Inc (NASDAQ:NKTX) ranks second in our list of the healthcare stocks with recent insider purchases. On March 27, 2024, Simeon George, a director at the company, bought two million shares of Nkarta Inc (NASDAQ:NKTX) at $10 per share. The total value of this transaction was $20 million. Since March 27 through April 3 the stock is down 14%.

As of the end of the fourth quarter of 2023, 14 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in Nkarta Inc (NASDAQ:NKTX).