Published on 8 Nov 2022 on Simply Wall St. via Yahoo Finance
The recent price decline of 9.1% in GrafTech International Ltd.'s (NYSE:EAF) stock may have disappointed insiders who bought US$506k worth of shares at an average price of US$12.65 in the past 12 months. Insiders purchase with the hope of seeing their investments increase in value over time. However, due to recent losses, their initial investment is now only worth US$184k, which is not great.
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 GrafTech International