Johanna Roberts, EVP at Penumbra (NYSE:PEN), reported a large insider sell on October 4, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Roberts sold 600 shares of Penumbra. The total transaction amounted to $142,690.
Penumbra shares are trading down 0.0% at $231.05 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 decision, however, they can ...