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Insider Trends: Insider Buying Continued with Purchase of Horizon Global Stock

05/11/2021 13:44

05:38 PM EDT, 05/11/2021 (MT Newswires) -- On May 07, 2021, Director, John Frederick Barrett, purchased 101,616 shares in Horizon Global (HZN) for $739,763. Subsequent to the Form 4 filing with the SEC, Barrett 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.

Over the last 90 days, prior to the date of this filing, there have been 30 insider transactions reported to the SEC for Horizon Global. These transactions came from the activities of 7 individual insiders that resulted in a net acquisition of 243,166 company shares. In the preceding 90-day window of time, there were 4 transactions from 3 insiders which 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. Activity in the peer group averaged 104.6 transactions per company, and disposition of 46,192 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1637655/000163765521000091/xslF345X03/wf-form4_162076893711279.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.