Mick...Here you go...Even if it's not a huge purchase, we think it was good to see that Laurence Tarica, the Independent Director of Gannett Co., Inc. (NYSE:GCI) recently shelled out US$84k to buy stock, at US$0.98 per share. That purchase might not be huge but it did increase their holding by 50%.
See our latest analysis for Gannett
Gannett Insider Transactions Over The Last Year
insider Leon Cooperman made the biggest insider purchase in the last 12 months. That single transaction was for US$10.0m worth of shares at a price of US$10.75 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$0.95). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.
While Gannett insiders bought shares during the last year, they didn't sell. The average buy price was around US$8.53. This is nice to see since it implies that insiders might see value around current prices. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! God/Speed on a vaccine to crush this pandemic
News 
Market Data 
Discover 
