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Stock impact report

One OceanPal Insider Raised Their Stake In The Previous Year Wed, Jun 5, 2024, 4:00 PM GMT+2 3 min read 0 The Last 12 Months Of Insider Transactions At OceanPal Does OceanPal Boast High In...

OceanPal Inc. (OP) 
That is, there were more number of shares purchased by insiders than there were sold. Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. See our latest analysis for OceanPal Over the last year, we can see that the biggest insider purchase was by insider George Economou for US$636k worth of shares, at about US$1.96 per share. That means that an insider was happy to buy shares at around the current price of US$2.14. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. 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. In this case we're pleased to report that the insider bought shares at close to current prices. The only individual insider to buy over the Show less Read more
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