Laura Sharp Ingle, Board Member at Ingles Markets (NASDAQ:IMKTA), reported a large insider sell on September 13, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Ingle sold 1,000 shares of Ingles Markets. The total transaction amounted to $82,712.
Ingles Markets shares are trading up 1.18% at $76.08 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 ...