Travis Cocke, Director at Griffon (NYSE:GFF), reported a large insider sell 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 Cocke sold 400,000 shares of Griffon. The total transaction amounted to $16,746,240.
Griffon shares are trading down 1.03% at $39.91 at the time of this writing on Friday morning.
Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.
The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing ...