SPY425.10+2.50 0.59%
DIA341.98+3.20 0.94%
IXIC14,369.71+97.98 0.69%

Insider Trends: Insider Purchase Extends Horizon Global Positive Trend

05/11/2021 13:41

05:37 PM EDT, 05/11/2021 (MT Newswires) -- Corre Partners Management, LLC, Director, purchased 101,616 shares of Horizon Global (HZN) on May 07, 2021, for $739,763. After the Form 4 filing with the SEC, Corre Partners Management, LLC indirectly controls 2,096,145 shares of the company, which has a market value of $15.3 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 28 insider transactions reported to the SEC for Horizon Global. These transactions came from the activities of 6 different insiders that resulted in a net acquisition of 134,550 company shares. Relative to the preceding 90-day window of time, there were 4 transactions from 3 insiders and resulted in the net acquisition of 253,983 shares.

This is lower than the average level of insider transactions in the 36-company Auto, Truck & Motorcycle Parts peer group over the last 90-day period. Within the peer group activity averaged 104.6 transactions per company, and disposition of 46,275 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1637655/000163765521000089/xslF345X03/wf-form4_162076889006614.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.