Forward Air President, CEO Buys 16.05K Shares At Average Price Of $62.70/Share
Portfolio Pulse from Benzinga Newsdesk
The President and CEO of Forward Air has purchased 16.05K shares at an average price of $62.70 per share, according to a Form4 filing.
August 17, 2023 | 6:22 pm
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POSITIVE IMPACT
The CEO of Forward Air has bought 16.05K shares, indicating confidence in the company's future performance.
Insider trading, especially by high-ranking executives, is often seen as a strong indicator of a company's future performance. The CEO's purchase of a significant number of shares suggests that they believe the company's stock price will increase in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100