AMCX - AMC Networks Insider Trades Send a Signal | Benzinga
Kim Kelleher, Chief Commercial Officer at AMC Networks (NASDAQ:AMCX), reported a large insider sell on November 27, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Kelleher sold 13,192 shares of AMC Networks. The total transaction amounted to $201,573.
AMC Networks shares are trading down 3.21% at $14.76 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 make an investing decision, however ...