AUID - Board Member of AuthID Purchased $100K In Stock | Benzinga
Michael Charles Thompson, Board Member at AuthID (NASDAQ:AUID), reported a large insider buy on November 22, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Thompson purchased 16,667 shares of AuthID. The total transaction amounted to $100,002.
AuthID shares are trading up 5.62% at $7.52 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 an insider ...