By selling AU$7.3m worth of Boom Logistics Limited (ASX:BOL) stock at an average sell price of AU$1.78 over the last year, insiders seemed to have made the most of their holdings. The company’s market valuation decreased by AU$11m after the stock price dropped 13% over the past week, but insiders were spared from painful losses.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
The Last 12 Months Of Insider Transactions At Boom Logistics
Over the last year,…
