GIC - Global Industrial Vice Chairman Trades Company's Stock | Benzinga
A substantial insider sell was reported on March 18, by Robert Leeds, Vice Chairman at Global Industrial (NYSE:GIC), based on the recent SEC filing.
What Happened: Leeds's decision to sell 380,000 shares of Global Industrial was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total value of the sale is $15,637,000.
In the Tuesday's morning session, Global Industrial's shares are currently trading at $44.53, experiencing a down of 0.0%.
Delving into Global Industrial's Background
Global Industrial Co is a value-added industrial distributor. It distributes a wide range of industrial and maintenance, repair, and operations (MRO) products to customers across North America, including storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.
Global Industrial: A Financial Overview
Revenue Growth: Over the 3 months period, Global Industrial showcased positive performance, achieving a revenue growth rate of 22.88% as of 31 ...