Life Time Group Form4 Filing Shows Founder & CEO Bahram Akradi Bought 39,000 Shares At An Average Price Of $16.76
Portfolio Pulse from Benzinga Newsdesk
Life Time Group's Founder & CEO Bahram Akradi has purchased 39,000 shares at an average price of $16.76, according to an SEC Form 4 filing.
June 03, 2024 | 5:46 pm
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Life Time Group's Founder & CEO Bahram Akradi has purchased 39,000 shares at an average price of $16.76, indicating strong insider confidence.
The purchase of shares by the CEO is a strong signal of insider confidence in the company's future performance. This is likely to have a positive short-term impact on the stock price as investors may view this as a bullish sign.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100