Martin Westhead, CTO at Netgear (NASDAQ:NTGR), reported a large insider sell on November 9, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Westhead sold 5,826 shares of Netgear. The total transaction amounted to $73,640.
Netgear shares are trading down 0.0% at $12.26 at the time of this writing on Friday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction ...