OceanPal Insider Ups Holding During Year [Yahoo! Finance]
OceanPal Inc. (OP)
Company Research
Source: Yahoo! Finance
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares. View our latest analysis for OceanPal Over the last year, we can see that the biggest insider purchase was by insider George Economou for US$217k worth of shares, at about US$2.77 per share. That means that even when the share price was higher than US$1.52 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. George Economou was the only individual insider to buy during the last year. George Economou purchased 478.47k shares over the year. The average price per share was US$2.42. You can see a visual depic
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Sec Filings
- 10/17/24 - Form SC
- 10/17/24 - Form SC
- 10/17/24 - Form SC
- OP's page on the SEC website