Robert M Patterson, Chairman at Avient (NYSE:AVNT), reported a large insider buy on November 20, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Patterson purchased 24,304 shares of Avient. The total transaction amounted to $839,588.
Avient shares are trading up 6.22% at $36.88 at the time of this writing on Monday 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 ...