FYBR - 573K Reasons To Be Bullish On Frontier Communications Stock | Benzinga
ARES MANAGEMENT LLC, 10% Owner at Frontier Communications (NASDAQ:FYBR), reported a large insider buy on August 28, 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 purchased 37,557 shares of Frontier Communications. The total transaction amounted to $573,540.
Frontier Communications shares are trading up 6.29% at $16.05 at the time of this writing on Tuesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to ...