Edward Lonergan, Board Member at Owens-Corning (NYSE:OC), reported a large insider buy on October 30, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Lonergan purchased 628 shares of Owens-Corning. The total transaction amounted to $70,040.
Owens-Corning shares are trading down 0.0% at $112.66 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 can ...