Insider Sellers Might Regret Selling Park-Ohio Holdings Shares at a Lower Price Than Current Market Value
Even though Park-Ohio Holdings Corp. (NASDAQ:PKOH) has fallen by 10% over the past week , insiders who sold US$861k worth of stock over the past year have had less luck. The average selling price of US$29.78 is still lower than the current share price, or in other words, insiders would have been better off holding on to their shares.
Although we don’t think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
Park-Ohio Holdings Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when…
