CRNC - Massive Insider Trade At Cerence | Benzinga
Stefan Ortmanns, Chief Executive Officer at Cerence (NASDAQ:CRNC), reported a large insider sell on October 16, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Ortmanns sold 54,212 shares of Cerence. The total transaction amounted to $974,189.
Cerence shares are trading down 0.0% at $17.56 at the time of this writing on Tuesday morning.
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