NDSN - Nordson Executive Vice President Makes $288K Stock Purchase | Benzinga
Srinivas Subramanian, Executive Vice President at Nordson (NASDAQ:NDSN), reported a large insider buy on November 2, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Subramanian purchased 1,358 shares of Nordson. The total transaction amounted to $288,697.
Nordson shares are trading up 1.61% at $214.93 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 any officer, director, ...