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Stock impact report

Independent Director of Alta Equipment Group Daniel Shribman Buys 9.3% More Shares [Yahoo! Finance]

Alta Equipment Group Inc. Class A (ALTG) 
Company Research Source: Yahoo! Finance
While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 9.3%. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Notably, that recent purchase by Daniel Shribman is the biggest insider purchase of Alta Equipment Group shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$5.45. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Alta Equipment Group share holders is that insiders were buying at near the current price. In the last twelve months insiders purchased 50.00k shares for US$251k. But they sold 5.29k shares for US$26k. Overall, Alta Equipment Group insiders were net buyers dur Show less Read more
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