A Weekly Briefing of Insider Transactions - Week of 11/19/2023
Please note this is for informational purposes and not investment advice. Do your own research. ShareSEER AI picked these 4 transactions as most interesting purchases of all seen during the current week.
Transaction Date: 2023-11-20
Insider Name (Title): ACKMAN WILLIAM A (Director)
Activity: Purchase
Shares: 173,722
Price Range: $72.68 - $74.01
Amount: $12,732,844
SEC Filing: Link to SEC Filing
Explanation: This transaction stands out due to the involvement of a prominent director and the considerable amount invested.
Transaction Date: 2023-11-16
Insider Name (Title): DAVIS RICHARD K (Director)
Activity: Purchase
Shares: 5,000
Price Range: $51.09
Amount: $255,437
SEC Filing: Link to SEC Filing
Explanation: A director's investment in the company, although not the largest in terms of volume or amount, is a positive sign of insider confidence.
Transaction Date: 2023-11-22
Insider Name (Title): Wat Joey (Chief Executive Officer)
Activity: Purchase
Shares: 14,000
Price Range: $46.26
Amount: $647,614
SEC Filing: Link to SEC Filing
Explanation: The CEO's purchase of a significant number of shares is a strong vote of confidence in the company's future prospects.
Transaction Date: 2023-11-21
Insider Name (Title): ERICKSON THOMAS W (Director)
Activity: Purchase
Shares: 50,000
Price Range: $4.57
Amount: $228,399
SEC Filing: Link to SEC Filing
Explanation: This purchase is noteworthy due to the significant volume of shares acquired by a director, reflecting optimism about the company's future.
These transactions were selected considering their association with major index, along with the role of the insider, frequency of transactions, volume of shares, price, and transaction amount.
These are the largest insider buys and sells from the current week. Find the comprehensive list here.
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