Nasdaq · CIK 0001635088
ROIV Roivant Sciences Ltd.
Insider trading from SEC Form 4. Last filing 7 d ago. Close $35.44 on Oct 9, 2026, +121% from the 52-week low and -15% from the high.
Last 90 days
Price and insider trades, last year
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value. Click a marked bar to open the signal.Charts by TradingView Lightweight Charts™
Signals
Open-market buys and sells at Roivant Sciences Ltd., scored.
| Score | Insider | Value | Holdings | Price context | Filed |
|---|---|---|---|---|---|
| 28Weak | Epperly Melissa B director sell | $641k 17,750 shares | -54% | +125% from low-15% from high | |
| 28Weak | Eric Venker President & Immunovant CEO sell | $7.3M 200,000 shares | -11% | +142% from low-13% from high | |
| 25Weak | Epperly Melissa B director sell | $196k 4,938 shares | -33% | - | |
| 20Weak | Meghan Fitzgerald director sell | $203k 5,112 shares | -12% | - | |
| 27Weak | Meghan Fitzgerald director sell | $798k 20,000 shares | -32% | +221% from low0% from high | |
| 28Weak | Eric Venker President & Immunovant CEO sell | $7.2M 200,000 shares | -11% | +191% from low-8% from high | |
| 48Moderate | Daniel Allen Gold director sell | $39M 1,694,614 shares | -9% | +153% from low0% from high | |
| 43Moderate | Matthew Gline CEO sell | $38M 1,740,000 shares | -10% | +141% from low-1% from high | |
| 40Moderate | Daniel Allen Gold director sell | $26M 1,300,000 shares | -7% | +124% from low-5% from high | |
| 35Weak | Eric Venker President & Immunovant CEO sell | $26M 1,711,000 shares | -64% | +66% from low-2% from high | |
| 27Weak | Matthew Gline CEO buy | $50k 3,315 shares | +0% | +66% from low-1% from high | |
| 45Moderate | Vivek Ramaswamy owner sell | $22M 1,775,749 shares | -5% | +39% from low-1% from high | |
| 23Weak | Eric Venker President & Immunovant CEO sell | $1.2M 100,000 shares | -6% | +29% from low-8% from high | |
| 15Weak | Eric Venker President & Immunovant CEO sell | $1.2M 100,000 shares | -6% | +26% from low-10% from high | |
| 18Weak | Eric Venker President & COO sell | $1.1M 100,000 shares | -6% | +26% from low-10% from high | |
| 45Moderate | Vivek Ramaswamy owner sell | $13M 1,142,273 shares | -3% | +26% from low-10% from high | |
| 45Moderate | Vivek Ramaswamy owner sell | $8.5M 748,230 shares | -2% | +23% from low-12% from high | |
| 58Moderate | Eric Venker President & COO sell | $11M 1,000,000 shares | -60% | +23% from low-12% from high | |
| 18Weak | Eric Venker President & COO sell | $1.1M 100,000 shares | -8% | +22% from low-13% from high | |
| 45Moderate | Vivek Ramaswamy owner sell | $10M 898,959 shares | -2% | +22% from low-13% from high | |
| 10Weak | Eric Venker President & COO sell | $1.0M 100,000 shares | -8% | +11% from low-21% from high | |
| 45Moderate | Rakhi Kumar Chief Accounting Officer sell | $2.4M 227,500 shares | -58% | - | |
| 48Moderate | Eric Venker President & COO sell | $4.1M 354,604 shares | -42% | - | |
| 23Weak | Eric Venker President & COO sell | $1.1M 100,000 shares | -14% | - | |
| 33Weak | Mayukh Sukhatme Pres&Chief Investment Officer sell | $11M 886,237 shares | -5% | - | |
| 33Weak | Mayukh Sukhatme Pres&Chief Investment Officer sell | $5.0M 412,584 shares | -2% | - | |
| 15Weak | Eric Venker President & COO sell | $1.1M 100,000 shares | -14% | - | |
| 35Weak | Eric Venker President & COO sell | $1.2M 100,000 shares | -14% | - |
Congressional trades
4 trades in ROIV disclosed by members of Congress under the STOCK Act. All congressional trades.
- Lisa C. McClainHouse · R-MI · last Nov 21, 20252 bought
2 sold
| Member | Trade | Asset | Reported range | Trade / filing date | Source |
|---|---|---|---|---|---|
Lisa C. McClain House · R-MI | Sale | ROIV Roivant Sciences Ltd. - Common Shares | $1,001 to $15k | Oct 30, 2025 / Nov 21, 2025 22 days after the trade | Clerk |
Lisa C. McClain House · R-MI | Purchase | ROIV Roivant Sciences Ltd. - Common Shares | $1,001 to $15k | Oct 30, 2025 / Nov 21, 2025 22 days after the trade | Clerk |
Lisa C. McClain House · R-MI | Sale | ROIV Roivant Sciences Ltd. - Common Shares | $1,001 to $15k | Oct 31, 2025 / Nov 21, 2025 21 days after the trade | Clerk |
Lisa C. McClain House · R-MI | Purchase | ROIV Roivant Sciences Ltd. - Common Shares | $1,001 to $15k | Jun 17, 2025 / Aug 13, 2025 57 days after the trade | Clerk |
Transactions
The last 100 rows filed, every code.
| Date | Insider | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|---|
| Oct 1, 2026 | Epperly Melissa B director | MOption exercise Common Shares10b5-1 | +17,750 | $4.46 | $79k | 32,704 | 7 d ago |
| Oct 1, 2026 | Epperly Melissa B director | SOpen-market sale Common Shares10b5-1 | -16,850 | $36.08 | $608k | 15,854 | 7 d ago |
| Oct 1, 2026 | Epperly Melissa B director | SOpen-market sale Common Shares10b5-1 | -900 | $36.57 | $33k | 14,954 | 7 d ago |
| Oct 1, 2026 | Epperly Melissa B director | MOption exercise Stock Option (Right to Buy)derivative10b5-1 | -17,750 | $0.00 | $0 | 151,416 | 7 d ago |
| Sep 30, 2026 | Eric Venker President & Immunovant CEO | MOption exercise Common Shares10b5-1 | +200,000 | $3.85 | $770k | 1,799,154 | 10 d ago |
| Sep 30, 2026 | Matthew Gline CEO | FTax withholding Common Shares | -76,171 | $36.57 | $2.8M | 16,583,774 | 10 d ago |
| Sep 30, 2026 | Mayukh Sukhatme President & CIO | FTax withholding Common Shares | -46,879 | $36.57 | $1.7M | 18,583,860 | 10 d ago |
| Sep 30, 2026 | Frank Torti President and Vant Chair | FTax withholding Common Shares | +40,309 | $36.57 | $1.5M | 13,495,893 | 10 d ago |
| Sep 30, 2026 | Eric Venker President & Immunovant CEO | SOpen-market sale Common Shares10b5-1 | -200,000 | $36.62 | $7.3M | 1,599,154 | 10 d ago |
| Sep 30, 2026 | Eric Venker President & Immunovant CEO | MOption exercise Stock Option (Right to Buy)derivative10b5-1 | -200,000 | $0.00 | $0 | 3,644,834 | 10 d ago |
| Sep 20, 2026 | Jennifer Humes Chief Accounting Officer | FTax withholding Common Shares | -3,880 | $39.77 | $154k | 106,419 | 20 d ago |
| Sep 20, 2026 | Richard Pulik CFO | FTax withholding Common Shares | -2,129 | $39.77 | $85k | 269,681 | 20 d ago |
| Sep 16, 2026 | Ilan Oren director | AGrant or award Common Shares | +5,054 | $0.00 | $0 | 123,680 | 24 d ago |
| Sep 16, 2026 | Daniel Allen Gold director | AGrant or award Common Shares | +5,054 | $0.00 | $0 | 8,965,815 | 24 d ago |
| Sep 16, 2026 | Keith S Manchester director | AGrant or award Common Shares | +5,054 | $0.00 | $0 | 1,753,457 | 24 d ago |
| Sep 16, 2026 | James C Momtazee director | AGrant or award Common Shares | +5,054 | $0.00 | $0 | 111,959 | 24 d ago |
| Sep 16, 2026 | Epperly Melissa B director | AGrant or award Common Shares | +5,054 | $0.00 | $0 | 14,954 | 24 d ago |
| Sep 16, 2026 | Meghan Fitzgerald director | AGrant or award Common Shares | +5,054 | $0.00 | $0 | 41,162 | 24 d ago |
| Sep 16, 2026 | Daniel Allen Gold director | AGrant or award Stock Option (Right to Buy)derivative | +10,531 | $0.00 | $0 | 10,531 | 24 d ago |
| Sep 16, 2026 | James C Momtazee director | AGrant or award Stock Option (Right to Buy)derivative | +10,531 | $0.00 | $0 | 10,531 | 24 d ago |
| Sep 16, 2026 | Meghan Fitzgerald director | AGrant or award Stock Option (Right to Buy)derivative | +10,531 | $0.00 | $0 | 10,531 | 24 d ago |
| Sep 16, 2026 | Keith S Manchester director | AGrant or award Stock Option (Right to Buy)derivative | +10,531 | $0.00 | $0 | 10,531 | 24 d ago |
| Sep 16, 2026 | Ilan Oren director | AGrant or award Stock Option (Right to Buy)derivative | +10,531 | $0.00 | $0 | 10,531 | 24 d ago |
| Sep 16, 2026 | Epperly Melissa B director | AGrant or award Stock Option (Right to Buy)derivative | +10,531 | $0.00 | $0 | 10,531 | 24 d ago |
| Sep 15, 2026 | Epperly Melissa B director | SOpen-market sale Common Shares10b5-1 | -4,338 | $39.65 | $172k | 10,500 | 25 d ago |
| Sep 15, 2026 | Meghan Fitzgerald director | SOpen-market sale Common Shares10b5-1 | -4,712 | $39.68 | $187k | 36,508 | 25 d ago |
| Sep 15, 2026 | Epperly Melissa B director | SOpen-market sale Common Shares10b5-1 | -600 | $40.38 | $24k | 9,900 | 25 d ago |
| Sep 15, 2026 | Meghan Fitzgerald director | SOpen-market sale Common Shares10b5-1 | -400 | $40.45 | $16k | 36,108 | 25 d ago |
| Sep 10, 2026 | James C Momtazee director | FTax withholding Common Shares | -2,905 | $40.94 | $119k | 106,905 | 28 d ago |
| Sep 10, 2026 | Ilan Oren director | FTax withholding Common Shares | -2,378 | $40.94 | $97k | 118,626 | 28 d ago |
| Sep 10, 2026 | Epperly Melissa B director | FTax withholding Common Shares | -2,179 | $40.94 | $89k | 14,838 | 28 d ago |
| Sep 10, 2026 | Meghan Fitzgerald director | FTax withholding Common Shares | -1,743 | $40.94 | $71k | 41,220 | 28 d ago |
| Sep 10, 2026 | Daniel Allen Gold director | FTax withholding Common Shares | -5,133 | $40.94 | $210k | 8,960,761 | 28 d ago |
| Sep 8, 2026 | Meghan Fitzgerald director | MOption exercise Common Shares10b5-1 | +20,000 | $8.80 | $176k | 62,963 | 32 d ago |
| Sep 8, 2026 | Meghan Fitzgerald director | SOpen-market sale Common Shares10b5-1 | -20,000 | $39.90 | $798k | 42,963 | 32 d ago |
| Sep 8, 2026 | Meghan Fitzgerald director | MOption exercise Stock Option (Right to Buy)derivative10b5-1 | -20,000 | $0.00 | $0 | 18,578 | 32 d ago |
| Aug 28, 2026 | Eric Venker President & Immunovant CEO | MOption exercise Common Shares10b5-1 | +200,000 | $3.85 | $770k | 1,799,154 | 41 d ago |
| Aug 28, 2026 | Eric Venker President & Immunovant CEO | SOpen-market sale Common Shares10b5-1 | -166,182 | $35.63 | $5.9M | 1,632,972 | 41 d ago |
| Aug 28, 2026 | Eric Venker President & Immunovant CEO | SOpen-market sale Common Shares10b5-1 | -33,818 | $36.44 | $1.2M | 1,599,154 | 41 d ago |
| Aug 28, 2026 | Eric Venker President & Immunovant CEO | MOption exercise Stock Option (Right to Buy)derivative10b5-1 | -200,000 | $0.00 | $0 | 3,844,834 | 41 d ago |
| Dec 16, 2025 | Daniel Allen Gold director | SOpen-market sale Common Sharesindirect: Held by QVT Financial Investment Cayman Ltd. | -275,000 | $22.93 | $6.3M | 17,772,727 | Dec 18, 2025 |
| Dec 16, 2025 | Daniel Allen Gold director | SOpen-market sale Common Sharesindirect: Held by QVT Financial Investment Cayman Ltd. | -642,282 | $23.08 | $15M | 17,130,445 | Dec 18, 2025 |
| Dec 17, 2025 | Daniel Allen Gold director | SOpen-market sale Common Sharesindirect: Held by QVT Financial Investment Cayman Ltd. | -432,718 | $23.05 | $10.0M | 16,697,727 | Dec 18, 2025 |
| Dec 17, 2025 | Daniel Allen Gold director | SOpen-market sale Common Sharesindirect: Held by QVT Financial Investment Cayman Ltd. | -155,076 | $23.02 | $3.6M | 16,542,651 | Dec 18, 2025 |
| Dec 17, 2025 | Daniel Allen Gold director | SOpen-market sale Common Sharesindirect: Held by QVT Financial Investment Cayman Ltd. | -189,538 | $23.17 | $4.4M | 16,353,113 | Dec 18, 2025 |
| Dec 15, 2025 | Matthew Gline CEO | MOption exercise Common Shares | +234,096 | $4.06 | $950k | 17,521,177 | Dec 17, 2025 |
| Dec 15, 2025 | Matthew Gline CEO | SOpen-market sale Common Shares | -230,357 | $21.68 | $5.0M | 17,290,820 | Dec 17, 2025 |
| Dec 15, 2025 | Matthew Gline CEO | JOther Common Shares | -3,739 | $21.68 | $81k | 17,287,081 | Dec 17, 2025 |
| Dec 15, 2025 | Matthew Gline CEO | MOption exercise Common Shares | +1,363,711 | $12.68 | $17M | 18,650,792 | Dec 17, 2025 |
| Dec 15, 2025 | Matthew Gline CEO | SOpen-market sale Common Shares | -566,116 | $21.68 | $12M | 18,084,676 | Dec 17, 2025 |
| Dec 15, 2025 | Matthew Gline CEO | JOther Common Shares | -797,595 | $21.68 | $17M | 17,287,081 | Dec 17, 2025 |
| Dec 15, 2025 | Matthew Gline CEO | MOption exercise Common Shares | +2,272,852 | $12.68 | $29M | 19,559,933 | Dec 17, 2025 |
| Dec 15, 2025 | Matthew Gline CEO | SOpen-market sale Common Shares | -943,527 | $21.68 | $20M | 18,616,406 | Dec 17, 2025 |
| Dec 15, 2025 | Matthew Gline CEO | JOther Common Shares | -1,329,325 | $21.68 | $29M | 17,287,081 | Dec 17, 2025 |
| Dec 15, 2025 | Matthew Gline CEO | MOption exercise Stock Option (Right to Buy)derivative | -234,096 | $0.00 | $0 | 0 | Dec 17, 2025 |
| Dec 15, 2025 | Matthew Gline CEO | MOption exercise Stock Option (Right to Buy)derivative | -1,363,711 | $0.00 | $0 | 0 | Dec 17, 2025 |
| Dec 15, 2025 | Matthew Gline CEO | MOption exercise Stock Option (Right to Buy)derivative | -2,272,852 | $0.00 | $0 | 0 | Dec 17, 2025 |
| Nov 19, 2025 | Daniel Allen Gold director | SOpen-market sale Common Sharesindirect: Held by QVT Financial Investment Cayman Ltd. | -850,000 | $20.25 | $17M | 18,497,727 | Nov 21, 2025 |
| Nov 19, 2025 | Daniel Allen Gold director | SOpen-market sale Common Sharesindirect: Held by QVT Financial Investment Cayman Ltd. | -150,000 | $20.20 | $3.0M | 18,347,727 | Nov 21, 2025 |
| Nov 19, 2025 | Daniel Allen Gold director | SOpen-market sale Common Sharesindirect: Held by QVT Financial Investment Cayman Ltd. | -125,000 | $20.16 | $2.5M | 18,222,727 | Nov 21, 2025 |
| Nov 19, 2025 | Daniel Allen Gold director | SOpen-market sale Common Sharesindirect: Held by QVT Financial Investment Cayman Ltd. | -175,000 | $20.24 | $3.5M | 18,047,727 | Nov 21, 2025 |
| Oct 20, 2025 | Epperly Melissa B director | AGrant or award Common Shares | +1,056 | $0.00 | $0 | 56,904 | Oct 22, 2025 |
| Sep 28, 2025 | Richard Pulik CFO | FTax withholding Common Shares | -2,341 | $15.17 | $36k | 389,508 | Sep 30, 2025 |
| Sep 20, 2025 | Richard Pulik CFO | FTax withholding Common Shares | -2,129 | $15.04 | $32k | 391,849 | Sep 23, 2025 |
| Sep 19, 2025 | Eric Venker President & Immunovant CEO | MOption exercise Common Shares10b5-1 | +1,000,000 | $3.85 | $3.9M | 2,653,585 | Sep 23, 2025 |
| Sep 19, 2025 | Eric Venker President & Immunovant CEO | SOpen-market sale Common Shares10b5-1 | -683,818 | $14.95 | $10M | 1,969,767 | Sep 23, 2025 |
| Sep 22, 2025 | Eric Venker President & Immunovant CEO | MOption exercise Common Shares10b5-1 | +462,374 | $3.85 | $1.8M | 2,432,141 | Sep 23, 2025 |
| Sep 22, 2025 | Eric Venker President & Immunovant CEO | MOption exercise Common Shares10b5-1 | +100,000 | $3.85 | $385k | 2,532,141 | Sep 23, 2025 |
| Sep 22, 2025 | Eric Venker President & Immunovant CEO | SOpen-market sale Common Shares10b5-1 | -316,182 | $14.99 | $4.7M | 2,215,959 | Sep 23, 2025 |
| Sep 22, 2025 | Eric Venker President & Immunovant CEO | SOpen-market sale Common Shares10b5-1 | -100,000 | $15.01 | $1.5M | 2,115,959 | Sep 23, 2025 |
| Sep 23, 2025 | Eric Venker President & Immunovant CEO | SOpen-market sale Common Shares10b5-1 | -611,000 | $14.83 | $9.1M | 1,504,959 | Sep 23, 2025 |
| Sep 19, 2025 | Eric Venker President & Immunovant CEO | MOption exercise Stock Option (Right to Buy)derivative10b5-1 | -1,000,000 | $0.00 | $0 | 7,038,897 | Sep 23, 2025 |
| Sep 22, 2025 | Eric Venker President & Immunovant CEO | MOption exercise Stock Option (Right to Buy)derivative10b5-1 | -462,374 | $0.00 | $0 | 6,576,523 | Sep 23, 2025 |
| Sep 22, 2025 | Eric Venker President & Immunovant CEO | MOption exercise Stock Option (Right to Buy)derivative10b5-1 | -100,000 | $0.00 | $0 | 6,476,523 | Sep 23, 2025 |
| Sep 18, 2025 | Matthew Gline CEO | POpen-market purchase Common Shares | +3,315 | $15.07 | $50k | 17,287,081 | Sep 18, 2025 |
| Sep 10, 2025 | Epperly Melissa B director | AGrant or award Common Shares | +14,524 | $0.00 | $0 | 57,509 | Sep 12, 2025 |
| Sep 10, 2025 | Meghan Fitzgerald director | AGrant or award Common Shares | +14,524 | $0.00 | $0 | 43,900 | Sep 12, 2025 |
| Sep 10, 2025 | Daniel Allen Gold director | AGrant or award Common Shares | +14,524 | $0.00 | $0 | 8,971,164 | Sep 12, 2025 |
| Sep 10, 2025 | Keith S Manchester director | AGrant or award Common Shares | +14,524 | $0.00 | $0 | 1,948,403 | Sep 12, 2025 |
| Sep 10, 2025 | James C Momtazee director | AGrant or award Common Shares | +14,524 | $0.00 | $0 | 111,194 | Sep 12, 2025 |
| Sep 10, 2025 | Ilan Oren director | AGrant or award Common Shares | +14,524 | $0.00 | $0 | 119,205 | Sep 12, 2025 |
| Sep 10, 2025 | Epperly Melissa B director | JOther Common Shares | -1,661 | $13.77 | $23k | 55,848 | Sep 12, 2025 |
| Sep 10, 2025 | Meghan Fitzgerald director | JOther Common Shares | -937 | $13.77 | $13k | 42,963 | Sep 12, 2025 |
| Sep 10, 2025 | Daniel Allen Gold director | JOther Common Shares | -5,270 | $13.77 | $73k | 8,965,894 | Sep 12, 2025 |
| Sep 10, 2025 | Keith S Manchester director | AGrant or award Stock Option (Right to Buy)derivative | +33,726 | $0.00 | $0 | 33,726 | Sep 12, 2025 |
| Sep 10, 2025 | James C Momtazee director | JOther Common Shares | -3,282 | $13.77 | $45k | 107,912 | Sep 12, 2025 |
| Sep 10, 2025 | Ilan Oren director | JOther Common Shares | -2,043 | $13.77 | $28k | 117,162 | Sep 12, 2025 |
| Sep 10, 2025 | Epperly Melissa B director | AGrant or award Stock Option (Right to Buy)derivative | +33,726 | $0.00 | $0 | 33,726 | Sep 12, 2025 |
| Sep 10, 2025 | Meghan Fitzgerald director | AGrant or award Stock Option (Right to Buy)derivative | +33,726 | $0.00 | $0 | 33,726 | Sep 12, 2025 |
| Sep 10, 2025 | Daniel Allen Gold director | AGrant or award Stock Option (Right to Buy)derivative | +33,726 | $0.00 | $0 | 33,726 | Sep 12, 2025 |
| Sep 10, 2025 | James C Momtazee director | AGrant or award Stock Option (Right to Buy)derivative | +33,726 | $0.00 | $0 | 33,726 | Sep 12, 2025 |
| Sep 10, 2025 | Ilan Oren director | AGrant or award Stock Option (Right to Buy)derivative | +33,726 | $0.00 | $0 | 33,726 | Sep 12, 2025 |
| Sep 3, 2025 | Vivek Ramaswamy owner | SOpen-market sale Common Shares | -1,195,000 | $12.50 | $15M | 36,089,108 | Sep 5, 2025 |
| Sep 4, 2025 | Vivek Ramaswamy owner | SOpen-market sale Common Shares | -194,933 | $12.92 | $2.5M | 35,894,175 | Sep 5, 2025 |
| Sep 5, 2025 | Vivek Ramaswamy owner | SOpen-market sale Common Shares | -385,816 | $12.96 | $5.0M | 35,508,359 | Sep 5, 2025 |
| Aug 28, 2025 | Richard Pulik CFO | FTax withholding Common Shares | -2,340 | $11.94 | $28k | 393,978 | Sep 2, 2025 |
| Aug 20, 2025 | Richard Pulik CFO | FTax withholding Common Shares | -1,235 | $11.72 | $14k | 396,318 | Aug 22, 2025 |
| Aug 20, 2025 | Eric Venker President & Immunovant CEO | FTax withholding Common Shares10b5-1 | -7,051 | $11.72 | $83k | 1,653,585 | Aug 22, 2025 |
| Aug 20, 2025 | Eric Venker President & Immunovant CEO | MOption exercise Common Shares10b5-1 | +100,000 | $3.85 | $385k | 1,753,585 | Aug 22, 2025 |
| Aug 20, 2025 | Eric Venker President & Immunovant CEO | SOpen-market sale Common Shares10b5-1 | -100,000 | $11.72 | $1.2M | 1,653,585 | Aug 22, 2025 |
Insiders
Everyone who has filed a Form 4 here.
- Epperly Melissa Bdirector
- Meghan Fitzgeralddirector
- Matthew GlineCEO
- Daniel Allen Golddirector
- Jennifer HumesChief Accounting Officer
- Rakhi KumarChief Accounting Officer
- Keith S Manchesterdirector
- James C Momtazeedirector
- Ilan Orendirector
- Richard PulikCFO
- Vivek Ramaswamyowner
- Mayukh SukhatmePresident & CIO
- Frank TortiPresident and Vant Chair
- Eric VenkerPresident & Immunovant CEO
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.