Dick Allen, Board Member at Tandem Diabetes Care (NASDAQ:TNDM), reported a large insider buy on November 29, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Allen purchased 5,000 shares of Tandem Diabetes Care. The total transaction amounted to $94,777.
Tandem Diabetes Care shares are trading up 1.01% at $20.02 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 ...