![]() ![]() As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. To us, it's very important to consider the price insiders pay for shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. ![]() That means that an insider was happy to buy shares at above the current price of US$8.21. Over the last year, we can see that the biggest insider purchase was by CEO, President & Director Lasse Petterson for US$97k worth of shares, at about US$9.65 per share. View our latest analysis for Great Lakes Dredge & Dock Great Lakes Dredge & Dock Insider Transactions Over The Last Year While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether. However, when several insiders are buying, like in the case of Great Lakes Dredge & Dock Corporation ( NASDAQ:GLDD), it sends a favourable message to the company's shareholders. Generally, when a single insider buys stock, it is usually not a big deal. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |