Robert L McCormick, President and CEO at Douglas Dynamics (NYSE:PLOW), reported a large insider buy on September 7, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that McCormick purchased 10,000 shares of Douglas Dynamics. The total transaction amounted to $307,110.
Douglas Dynamics shares are trading up 2.86% at $31.61 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 ...