John P Kotts, Director at Nabors Industries (NYSE:NBR), reported a large insider sell on September 6, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Kotts sold 4,975 shares of Nabors Industries. The total transaction amounted to $622,527.
Nabors Industries shares are trading down 2.42% at $119.13 at the time of this writing on Wednesday morning.
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Insider transactions shouldn't be used primarily to make ...