Zvika Netter, Chief Executive Officer at Innovid (NYSE:CTV), reported a large insider buy on November 13, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Netter purchased 50,000 shares of Innovid. The total transaction amounted to $64,385.
Innovid shares are trading up 4.63% at $1.13 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, however, they ...