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Stock impact report

Independent Director of Gates Industrial Picks Up 49% More Stock [Yahoo! Finance]

Gates Industrial Corporation plc Ordinary Shares (GTES) 
Last gates industrial corporation plc ordinary shares earnings: 2/4 04:10 pm Check Earnings Report
US:NYSE Investor Relations: gates.com/about-us/investor-relations
Company Research Source: Yahoo! Finance
Eliasson, Independent Director of the company, who spent a stonking US$1.2m on stock at an average price of US$19.56. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 49%. See our latest analysis for Gates Industrial The Last 12 Months Of Insider Transactions At Gates Industrial In fact, the recent purchase by Fredrik Eliasson was the biggest purchase of Gates Industrial shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is US$19.67. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the Gates Industrial insiders decided to buy shares at close to current pri Show less Read more
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