Life Time Group Form 4 Filing Shows Founder & CEO Akradi Bahram Bought 90,000 Shares At An Average Price Of $12.70 Per Share
Portfolio Pulse from Benzinga Newsdesk
Life Time Group's Founder & CEO, Akradi Bahram, has purchased 90,000 shares at an average price of $12.70 per share, according to a Form 4 filing with the SEC.

November 07, 2023 | 3:38 pm
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POSITIVE IMPACT
Life Time Group's CEO has shown confidence in the company by purchasing a significant number of shares. This could potentially boost investor confidence and positively impact the stock price in the short term.
Insider trading, especially by high-ranking executives, is often seen as a sign of confidence in a company's future prospects. In this case, the CEO of Life Time Group has purchased a significant number of shares, which could be interpreted as a positive signal by the market, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100