It has often been stated that there are tons of reasons an insider would sell shares. But there's only one reason for an insider to buy shares.........and that's because they are expecting the price per share to increase.
In this case however, there may be another reason............and that would be to try and wrestle control of the company away from the current CEO.
He'd have a long road to hoe however if he were to try and accumulate enough shares for that. My guess therefore is that he expects the price to increase.
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