Bullish Lumen Technologies Insiders Rewarded As Their Investment Rises To US$7.28m [Yahoo! Finance]
Lumen Technologies, Inc. (LUMN)
Company Research
Source: Yahoo! Finance
The company's market value increased by US$1.1b as a result of the stock's 17% gain over the same period. As a result, the stock they originally bought for US$1.33m is now worth US$7.28m. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares. See our latest analysis for Lumen Technologies The President Kathleen Johnson made the biggest insider purchase in the last 12 months. That single transaction was for US$960k worth of shares at a price of US$1.28 each. Even though the purchase was made at a significantly lower price than the recent price (US$7.48), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices. While Lumen Technologies insiders bought shares during th
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LUMN
News
- Reply at Microsoft Ignite 2024: Dive into AI Innovation, Copilot Experiences, and the Future of Work [Yahoo! Finance]Yahoo! Finance
- Lumen Announces (1) Expiration and Results of Certain Previously-Announced Cash Tender Offers of Lumen and Level 3 and (2) Amendments to the Remaining Previously-Announced Cash Tender Offers to Increase the Tender Consideration and Extend the Expiration TAcquire Media Monitor
- Lumen Announces (1) Expiration and Results of Certain Previously-Announced Cash Tender Offers of Lumen and Level 3 and (2) Amendments to the Remaining Previously-Announced Cash Tender Offers to Increase the Tender Consideration and Extend the Expiration TPR Newswire
- Lumen Technologies: Why I'm Holding My 10% Yielding Notes [Seeking Alpha]Seeking Alpha
- My T-Mobile Home Internet Experience: The Good, the Bad and the Unexpected [CNET News]CNET News
LUMN
Earnings
- 11/5/24 - Beat
LUMN
Sec Filings
- 11/20/24 - Form 3
- 11/13/24 - Form 4
- 11/12/24 - Form 4
- LUMN's page on the SEC website