Robert Robotti, Director at Tidewater (NYSE:TDW), reported a large insider buy on September 11, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Robotti purchased 1,486 shares of Tidewater. The total transaction amounted to $100,033.
Tidewater shares are trading up 1.68% at $70.18 at the time of this writing on Monday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing ...