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Stock impact report

Vail Resorts CEO Invests Nearly $5 Million in Company Stock [Yahoo! Finance]

Vail Resorts, Inc. (MTN) 
Last vail resorts, inc. earnings: 3/9 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Vail Resort's CEO, Rob Katz, bought about $5 million in his company's stock earlier this month, a possible sign that despite share prices sagging below a previous high, insiders feel confident in the company and view it as undervalued. A routine Form 4 filing with the SEC detailed the purchase, showing that Katz purchased 37,500 shares at $131.81 per share, with prices ranging from $131.37 to $131.88. In most cases, when executives execute a stock transaction, they must file a Form 4, according to the SEC . This latest transaction, per the TownLift shows that Katz paid market prices rather than receiving the shares as part of an equity or compensation grant. The Wall Street Journal reported that these plays from executives can signal to investors that insiders think a stock—MTN, in this case—is poised to rise. But, the outlet added, “Whether that bears out—or provides a brief, mostly optical boost—is another story.” Katz now holds 285,312 shares of Vail Resorts, valued at mor Show less Read more
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