John B Wood, Chairman and CEO at Telos (NASDAQ:TLS), reported a large insider buy 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 Wood purchased 120,187 shares of Telos. The total transaction amounted to $263,906.
Telos shares are trading up 2.11% at $2.67 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 ...