Perrigo Form4 Filing Shows CEO Taylor Patrick Lockwood Purchased 9,500 Shares At An Average Price Of $26.54 Per Share
Portfolio Pulse from Benzinga Newsdesk
Perrigo's CEO, Taylor Patrick Lockwood, has purchased 9,500 shares at an average price of $26.54 per share, according to a Form 4 filing with the SEC.
February 29, 2024 | 6:41 pm
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Perrigo's CEO purchased 9,500 shares at an average price of $26.54, indicating strong insider confidence in the company's future.
Insider purchases, especially by high-ranking executives like the CEO, are often viewed positively by the market as they suggest that insiders are bullish about the company's future prospects. This purchase by Perrigo's CEO could therefore lead to increased investor confidence and potentially a short-term uptick in PRGO's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100