ARTHUR ARIZPE, President and COO at Insperity (NYSE:NSP), reported a large insider sell 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 ARIZPE sold 5,000 shares of Insperity. The total transaction amounted to $535,350.
Insperity shares are trading up 2.43% at $110.44 at the time of this writing on Tuesday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however an ...