Richard Osgood, Board Member at Genasys (NASDAQ:GNSS), reported a large insider buy on October 10, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Osgood purchased 50,000 shares of Genasys. The total transaction amounted to $100,000.
Genasys shares are trading up 1.56% at $1.95 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, however, they can ...