CRNC - Cerence EVP Sold $115K In Company Stock | Benzinga
Iqbal Arshad, EVP at Cerence (NASDAQ:CRNC), reported a large insider sell on October 10, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Arshad sold 6,041 shares of Cerence. The total transaction amounted to $115,685.
Cerence shares are trading down 0.14% at $18.04 at the time of this writing on Wednesday 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 ...