New CEO buys stocks and we can't ignore it!
The new CEO of $MTCH took office a week ago and is already pulling out his wallet and putting his personal money into the company with an insider trade of $MTCH stocks worth over $2,000,000 at market price!
A CEO who puts over $2 million of his personal money into a company that he started managing less than two weeks ago certainly seems like a confident CEO.
But that's not all...
Our new CEO is not pulling out his wallet alone, a senior board member at $MTCH is joining our new CEO.
That same board member, close to the new CEO's purchases, makes an insider trade at market price for over $100,000, a move that increased his personal holding by 10%.
What do the company's executives know that gives them the confidence to buy stocks with their personal money now?
We are monitoring!