$GM - interesting insider trade
Legendary Visa CEO Kelly Alfred Jr. recently joined the General Motors board of directors.
A few days ago, in his capacity as a board member, he purchased 12,000 $GM shares for $607,000, thereby increasing his holdings in General Motors by 225%.
If there's one thing that can be said about this board member, it's that as a former Visa CEO, he likely understands management.
This is the first insider trade he has made since joining the General Motors board of directors last September.
We are monitoring!