George L. Ball, an insider at Parsons (PSN), purchased 20,000 shares at $47.97 each for a total investment of $959,400 on Friday, August 11. This investment comes as Parsons experienced a 3.4% increase in trading on Tuesday. Previously, Ball bought 500,000 shares last year at $50.00 each.
Robb A. Lemasters, the CFO of Lineage, also made insider purchases on the same day, buying 20,000 shares at $41.33 each, totaling $826,638. Lineage saw a 1% increase in trading on Tuesday. Last year, Lemasters invested $1.01 million for shares priced at $33.74 each.
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