Coliseum Capital Management LLC, Director at Blue Bird (NASDAQ:BLBD), reported a large insider sell on September 18, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that LLC sold 1,237,500 shares of Blue Bird. The total transaction amounted to $25,987,500.
Blue Bird shares are trading down 1.45% at $19.02 at the time of this writing on Tuesday morning.
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Why Insider Transactions Are Important
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