Pathetic Amount of Insider Buying week 7-16-21
For trade, details click on this link to the trades. The S&P was down 1% for the week and the only insider worth mentioning, GBX, was down 5%. New index highs are the norm but there was scant insider buying. Corporate officers and directors brazenly unloaded hundreds of $millions dollars worth of company stock during the earnings blackout period, shielded by the loophole that 10b5-1 provides. This post will examine the few hardy souls that stepped up and bought their company’s stock. All Posts Name: Furman William A Position: CEO Chairman Shares Bought: 100,000, Average Price Paid: $43.08, Cost: $4,307,659 … Read more