Friday’s Insider Report: Incoming and outgoing CEOs invested almost $1-million each in this energy stock

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Friday’s Insider Report:: Incoming and outgoing CEOs invested almost $1-million in this energy stock

Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over.

Keep in mind, when looking at transaction activities by insiders, purchasing activity may reflect perceived value in a security. Selling activity may or may not be related to a stock’s valuation; perhaps an insider needs to raise money for personal reasons. An insider’s total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company.

That day, Alex Pourbaix invested over $980,000 in shares of the company. He purchased 40,000 shares at an average price per share of approximately $24.55, lifting this specific account’s holdings to 1,252,938 shares.

 

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