Jannet Giesselman, Board Member at Twin Disc (NASDAQ:TWIN), 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 Giesselman purchased 5,397 shares of Twin Disc. The total transaction amounted to $72,503.
Twin Disc shares are trading down 3.12% at $13.37 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 ...