L - Loews Recent Insider Activity | Benzinga
Jonathan C Locker, Board Member at Loews (NYSE:L), reported a large insider buy on November 1, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Locker purchased 15,870 shares of Loews. The total transaction amounted to $1,011,712.
Loews shares are trading up 1.0% at $65.8 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, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or ...