General Motors CFO Paul Jacobson Buys 25,000 Shares At Average Price Of $44.11; Totaling $1,102,750
Portfolio Pulse from Benzinga Newsdesk
General Motors CFO Paul Jacobson has purchased 25,000 shares of the company at an average price of $44.11, totaling $1,102,750, as reported in a Form 4 filing.
July 29, 2024 | 1:41 pm
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General Motors CFO Paul Jacobson has purchased 25,000 shares at an average price of $44.11, totaling $1,102,750. This insider buying activity is generally seen as a positive signal by investors.
Insider buying is often viewed as a positive signal by investors, indicating confidence in the company's future prospects. The significant purchase by the CFO could lead to a short-term positive impact on GM's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100