Insider Spends UK£974k Buying More Shares In Legal & General Group [Yahoo! Finance]
LEGAL&GENL GRP PLC S/ADR (LGGNY)
NASDAQ:AMEX Investor Relations:
merriam-webster.com/dictionary/legal
Company Research
Source: Yahoo! Finance
purchase of shares by Laura Wade-Gery, Independent Non-Executive Director of the company, who spent a stonking UK£974k on stock at an average price of UK£940. While that only increased their holding size by 2.0%, it is still a big swing by our standards. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Legal & General Group Insider Transactions Over The Last Year In fact, the recent purchase by Laura Wade-Gery was the biggest purchase of Legal & General Group shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£2.42). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if
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