Overstock.Com Reports In Form4 Filing Late Wednesday Director Marcus Lemonis Buys 33,000 Shares At Avg Price: $14.94/Share
Portfolio Pulse from Benzinga Newsdesk
Overstock.com's director, Marcus Lemonis, has purchased 33,000 shares at an average price of $14.94 per share, according to a Form4 filing with the SEC.
October 05, 2023 | 1:35 pm
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Overstock.com's director, Marcus Lemonis, has purchased 33,000 shares, indicating confidence in the company's future performance.
Insider trading, especially purchases, often signal confidence in the company's future performance. As such, this purchase by Marcus Lemonis could be seen as a positive sign for Overstock.com, potentially leading to a short-term increase in the company's stock price.
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