FYBR - Frontier Communications 10% Owner Trades $2.18M In Company Stock | Benzinga
ARES MANAGEMENT LLC, 10% Owner at Frontier Communications (NASDAQ:FYBR), reported a large insider buy on September 13, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that LLC purchased 150,000 shares of Frontier Communications. The total transaction amounted to $2,177,280.
Frontier Communications shares are trading up 4.84% at $15.15 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 ...