Bernard A Mensah, President at Bank of America (NYSE:BAC), 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 Mensah sold 1,799 shares of Bank of America. The total transaction amounted to $52,135.
Bank of America shares are trading down 0.39% at $28.28 at the time of this writing on Thursday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used ...