Scott L Beiser, Chief Executive Officer at Houlihan Lokey (NYSE:HLI), reported a large insider sell on November 6, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Beiser sold 9,084 shares of Houlihan Lokey. The total transaction amounted to $960,905.
Houlihan Lokey shares are trading down 1.1% at $103.46 at the time of this writing on Tuesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, ...