SWX - 10% Owner At This Utilities Company Buys $367K of Stock | Benzinga
CARL ICAHN, 10% Owner at Southwest Gas Hldgs (NYSE:SWX), reported a large insider buy on September 28, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that ICAHN purchased 5,936 shares of Southwest Gas Hldgs. The total transaction amounted to $367,941.
Southwest Gas Hldgs shares are trading down 1.27% at $59.04 at the time of this writing on Friday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, ...