ULBI - 98K Reasons To Be Bullish On Ultralife Stock | Benzinga
Bradford T Whitmore, Director at Ultralife (NASDAQ:ULBI), reported a large insider buy on November 1, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Whitmore purchased 13,871 shares of Ultralife. The total transaction amounted to $98,991.
Ultralife shares are trading up 1.34% at $7.54 at the time of this writing on Thursday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or beneficial ...