ABR - Massive Insider Trade At Arbor Realty Trust | Benzinga
Ivan Kaufman, COB at Arbor Realty Trust (NYSE:ABR), 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 Kaufman purchased 80,161 shares of Arbor Realty Trust. The total transaction amounted to $999,607.
Arbor Realty Trust shares are trading up 2.42% at $12.7 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 transaction can be an important factor in the investing decision.
In legal terms, an "insider" refers to ...