Insider Buying Activity on Friday 8/7: SITE and LUMN Stocks

Avatar photo

Bargain hunters should note recent insider buying from two companies. On Tuesday, August 7, 2023, SiteOne Landscape Supply CEO Doug Black acquired 8,000 shares at $102.03 each, totaling $816,280. This marks Black’s first purchase in the past year, coinciding with a 5.7% increase in the company’s stock price.

Additionally, on Thursday, August 8, Lumen Technologies CEO Kathleen E. Johnson purchased 100,000 shares at $6.13 each for a total of $612,680. Prior to this, she made a purchase of shares worth $499,925 at $6.35 each within the last year. Lumen’s stock also saw a 5.8% rise on the same day.

5 Stocks Our Experts Predict Could Double In the Next Year

By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.

The free Daily Market Overview 250k traders and investors are reading

Read Now