SRI - Stoneridge President Control Devices Trades $50K In Company Stock | Benzinga
Rajaey Kased, President Control Devices at Stoneridge (NYSE:SRI), reported a large insider buy on August 30, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Kased purchased 2,525 shares of Stoneridge. The total transaction amounted to $50,803.
Stoneridge shares are trading up 2.77% at $20.8 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 ...