Q: Hello, could you comment on insider trading with these 2 co's? Thank you
5i Research Answer:
Recent activity for GSY shows only executive share plan transactions and some cancellation of shares. Over the past six months insiders have reduced their holdings by 4.67% (total, not percentage points).
PRL has seen some minor buying and options exercising in the past month, plus a very large disposition (2.3M) by the CEO. However this was classified as a gift and was likely related to estate planning or charity. Insiders own 17.9% and have reduced that by 23% (again, not 23 percentage points) in the past six months.