Anthony D Fassino, Group President at Caterpillar (NYSE:CAT), reported a large insider sell on August 31, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Fassino sold 5,663 shares of Caterpillar. The total transaction amounted to $1,589,758.
Caterpillar shares are trading up 1.68% at $285.85 at the time of this writing on Friday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an ...