NELSON PELTZ, Director at Wendy's (NASDAQ:WEN), reported a large insider sell on November 14, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that PELTZ sold 1,883,593 shares of Wendy's. The total transaction amounted to $35,336,204.
Wendy's shares are trading up 1.88% at $19.25 at the time of this writing on Wednesday morning.
Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.
The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however, they can ...