LUV

Huge insider purchase at Southwest Airlines

A board member at Southwest Airlines, billionaire Rakesh Gangwal, purchased over $107 million worth of shares.

By the SpyStocks desk · 1y ago · 1 min read

$LUV - Southwest Airlines

Premium information alert!

Super large and super interesting insider purchase in $LUV stock

Our scanners detected a super interesting insider purchase!

A board member at Southwest Airlines, billionaire Rakesh Gangwal, has recently purchased a very unusual amount of $LUV shares. He purchased over $107,000,000 worth of shares this week - at the market price of $30 per share!

And this is super unusual, and super interesting...

This type of large-scale insider purchase is very rarely seen in airline companies.

A few words about Gangwal, our billionaire, and the person who made the purchase:

Gangwal began his career at United Airlines in 1984 and went on to manage US Airways Group as its CEO and Chairman.

Gangwal founded Indigo Airlines in 2006 - with one aircraft!

This is a super interesting insider purchase, made by a super interesting person - under observation!

(We upload premium information of this type in real-time and more frequently on our new premium channel!)

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