Published on 20 Nov 2022 on Simply Wall St. via Yahoo Finance
Insiders may be rethinking their US$2.5m Barnes & Noble Education, Inc. (NYSE:BNED) investment now...
The recent 14% drop in Barnes & Noble Education, Inc.'s (NYSE:BNED) stock could come as a blow to insiders who purchased US$2.5m worth of stock at an average buy price of US$5.86 over the past 12 months. This is not good as insiders invest based on expectations that their money will appreciate over time. However, as a result of recent losses, their original investment is now worth only US$1.1m.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for Barnes & Noble Education