Published on 1 Apr 2023 on Simply Wall St. via Yahoo Finance
Insiders of KAR Auction Services, Inc. (NYSE:KAR) are up 3.9% on their US$2.2m purchase after KAR ...
KAR Auction Services, Inc. (NYSE:KAR) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 8.2% resulting in a US$113m addition to the company’s market value. As a result, the stock they originally bought for US$2.2m is now worth US$2.3m.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for KAR Auction Services