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Insider Transactions
| Name | Transaction Date | Sold / Bought | Shares | Price | Value |
|---|---|---|---|---|---|
| Little Joshua Eric | Aug 28, 2023 | Buy | 250 | $28.56 | $7,100 |
| Little Joshua Eric | May 12, 2023 | Buy | 250 | $29.3318 | $7,300 |
| Little Joshua Eric | May 12, 2023 | Buy | 250 | $29.3318 | $7,300 |
| Little Joshua Eric | Mar 13, 2023 | Buy | 250 | $29.8541 | $7,500 |
What's the latest insider transaction for Mercury General?
The most recent insider transaction for Mercury General was conducted by Little Joshua Eric, who sold 250 shares on August 28, 2023 at a price of $28.56 per share.
Which insider bought the most MCY stock over the last two years?
Little Joshua Eric has bought the most MCY stock in the last 2 years, with a total value of $29,000.
What is the total value of insider transactions for Mercury General (MCY) in the last 2 years?
According to our estimates, the total value of insider transactions for Mercury General in the last 2 years is positive, amounting to $29,000. This indicates that insiders have predominantly bought shares, showcasing their confidence in the company's future prospects.
How do insider transactions over the last 2 years reflect on Mercury General's market confidence?
Over the last 2 years, insider transactions for Mercury General have predominantly involved purchasing shares, indicating a strong confidence among insiders in the company's future prospects. This trend of more purchases than sales could be a positive signal to potential investors about the insiders' view on the company's valuation and growth potential.
Why is monitoring insider trading activity important for investors?
Monitoring insider trading activity is important because it provides insights into the confidence levels of a company's insiders, such as executives and directors, regarding the company's future prospects. Insider buying can signal optimism, suggesting the stock may be undervalued, while insider selling might raise questions about the stock's upcoming performance. However, it's essential to consider that sales can also occur for personal financial reasons. Insider trading activity is a valuable indicator that, when combined with other data, can help inform investment decisions.
