Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares
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Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT), has purchased 100,000 shares at $2.5125 each, increasing his total holdings to 3,700,000 shares.
December 17, 2024 | 3:00 pm
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Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers, has increased his stake by purchasing 100,000 shares at $2.5125 each. This insider buying may signal confidence in the company's prospects.
Insider buying is often seen as a positive signal by investors, as it may indicate that those with detailed knowledge of the company believe the stock is undervalued or has growth potential. The purchase of 100,000 shares by a key executive like the Non-Executive Vice Chairman suggests confidence in the company's future performance, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100