Revisiting Ardelyx – Insider Weekends

Ardelyx Inc (ARDX): $6.55 Market Cap: $1.61B Enterprise Value: $1.58B Introduction About a year ago, we wrote our February 2025 newsletter on two biotech companies: Avadel and Ardelyx (ARDX). A year later, it’s fascinating to see how both situations played out. The initial catalyst for both investments was seeing elevated insider activity, especially at Avadel,