Sanjay Madhu, CEO at Oxbridge Re Holdings (NASDAQ:OXBR), reported a large insider buy on October 2, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Madhu purchased 50,000 shares of Oxbridge Re Holdings. The total transaction amounted to $59,860.
Oxbridge Re Holdings shares are trading up 2.86% at $1.44 at the time of this writing on Monday morning.
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The Importance of Insider Transactions
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