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TipRanks

Here’s a look at two stocks that have recently seen multi-million dollar insider purchases

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Summary
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Terns Pharmaceuticals is a biopharmaceutical research firm working at both the early development and the clinical trials stages.

The company has a clinical program underway in each of these areas, targeting chronic myeloid leukemia ( CML ) in the first and obesity, a major health issue, in the second .

Permian Resources is an independent oil and gas exploration and production firm operating in the rich oil fields of Texas .

The shares are currently trading at $ 9.73 , and the average target price, $ 19.80 , implies a 103% upside in the next 12 months .

The company announced on September 3 a large increase to its regular base dividend.