JOHN MORPHY, Director at Insperity (NYSE:NSP), reported a large insider sell on August 28, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that MORPHY sold 1,500 shares of Insperity. The total transaction amounted to $147,360.
Insperity shares are trading down 1.56% at $99.82 at the time of this writing on Tuesday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing ...