STEPHEN LUCZO, Director at AT&T (NYSE:T), reported a large insider buy on November 15, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that LUCZO purchased 62,500 shares of AT&T. The total transaction amounted to $971,875.
AT&T shares are trading up 0.82% at $15.89 at the time of this writing on Thursday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however, they can ...