Ballys Insider Trades Send a Signal

  • By Grand News Network
  • |
  • November 8, 2023

Robeson Reeves, Chief Executive Officer at Ballys (NYSE:BALY), reported a large insider buy on November 7, according to a new SEC filing.

What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Reeves purchased 20,000 shares of Ballys. The total transaction amounted to $188,600.

Ballys shares are trading up 10.49% at $9.9 at the time of this writing on Wednesday morning.

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The Importance of Insider Transactions

Insider transactions shouldn't be used primarily to make an investing decision, however, they ...

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