Liberty Broadband Corp, Board Member at Charter Communications (NASDAQ:CHTR), reported a large insider sell on October 17, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Corp sold 110,946 shares of Charter Communications. The total transaction amounted to $48,361,361.
Charter Communications shares are trading up 0.21% at $453.62 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however ...