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Stock impact report

Insider Buying: Pangaea Logistics Solutions Lead Independent Director Bought US$120k Of Shares [Yahoo! Finance]

Pangaea Logistics Solutions Ltd. (PANL) 
Last pangaea logistics solutions ltd. earnings: 3/23 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pangaeals.com/investors
Company Research Source: Yahoo! Finance
Boggild, recently paid US$8.51 per share to buy US$120k worth of the stock. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either. See our latest analysis for Pangaea Logistics Solutions Pangaea Logistics Solutions Insider Transactions Over The Last Year In fact, the recent purchase by Carl Boggild was the biggest purchase of Pangaea Logistics Solutions 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 US$8.40). 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. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Carl Boggild Show less Read more
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