John Torres, EVP at Lennox Intl (NYSE:LII), reported a large insider sell on October 31, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Torres sold 10,462 shares of Lennox Intl. The total transaction amounted to $3,769,041.
Lennox Intl shares are trading down 0.0% at $370.54 at the time of this writing on Wednesday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however an insider ...