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Stock impact report

Bullish Grocery Outlet Holding Insiders Loaded Up On US$2.93m Of Stock [Yahoo! Finance]

Grocery Outlet Holding Corp. (GO) 
Last grocery outlet holding corp. earnings: 3/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
NASDAQ:GO ). This is encouraging because it indicates that insiders are more optimistic about the company's prospects. Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The Lead Independent Director Erik Ragatz made the biggest insider purchase in the last 12 months. That single transaction was for US$2.0m worth of shares at a price of US$12.25 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$9.59). It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at Show less Read more
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