Laura Pomerantz, Board Member at G-III Apparel Group (NASDAQ:GIII), reported a large insider sell on October 18, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Pomerantz sold 10,904 shares of G-III Apparel Group. The total transaction amounted to $263,985.
G-III Apparel Group shares are trading down 0.0% at $25.65 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, ...