Published on 6 Nov 2023 on Simply Wall St. via Yahoo Finance
Reversal Of Fortune For Tupperware Brands Insiders Who Made A US$1.10m Purchase
Insiders who bought US$1.10m worth of Tupperware Brands Corporation (NYSE:TUP) stock in the last year have seen some of their losses recouped as the stock gained 17% last week. However, the purchase is proving to be a costly gamble, since losses made by insiders have totalled US$573k since the time of purchase.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Tupperware Brands