DANIEL FURBEE, SVP at Amplify Energy (NYSE:AMPY), reported a large insider buy on November 8, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that FURBEE purchased 10,000 shares of Amplify Energy. The total transaction amounted to $60,963.
Amplify Energy shares are trading up 3.83% at $6.23 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, ...