It's on us. Share your news here.

Great Lakes Dredge & Dock Corp (GLDD) Files Form 4 Insider Buying : Nathan Leight Buys 17,809 Shares

Posted on August 20, 2015

By Courtney Henderson, Insider Trading Report

Great Lakes Dredge & Dock Corp (GLDD): Nathan Leight , director of Great Lakes Dredge & Dock Corp purchased 17,809 shares on Aug 14, 2015. The Insider buying transaction was disclosed on Aug 18, 2015 to theSecurities and Exchange Commission. The shares were purchased at $5.59 per share for a total value of $99,770.22.

Currently the company Insiders own 2% of Great Lakes Dredge & Dock Corporation Company shares. In the past six months, there is a change of 8.4% in the total insider ownership. Institutional Investors own 86.1% of Company shares. During last 3 month period, -2.51% of total institutional ownership has changed in the company shares. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Great Lakes Dredge & Dock Corp, Leight Nathan, had purchased 15,000 shares in a transaction dated on June 12, 2015. The transaction was executed at $5.97 per share with total amount equaling $89,550. Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) has lost 0.88% during the past week and dropped 4.41% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 1.54%. Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) has underperformed the index by 2.8% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

READ FULL ARTICLE HERE

It's on us. Share your news here.
Submit Your News Today

Join Our
Newsletter
Click to Subscribe