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Insiders who acquired AU$471k worth of Magellan Financial Group Limited's (ASX:MFG) stock at an average price of AU$37.58 in the past 12 months may be dismayed by the recent 13% price decline. Insiders purchase with the hope of seeing their investments increase in value over time. However, due to recent losses, their initial investment is now only worth AU$222k, which is not great.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some...
>>> Read more: Insiders who bought this year lost AU$248k as Magellan Financial Group Limited (ASX:MFG) sheds AU$503m in value
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some...
>>> Read more: Insiders who bought this year lost AU$248k as Magellan Financial Group Limited (ASX:MFG) sheds AU$503m in value
