NYSE:CMCMetals and Mining
Former CMC Executive Trims Stake As Valuation Signals Suggest Undervaluation
Former Chief HR & Communications Officer Jennifer J. Durbin sold over 32% of her direct stake in Commercial Metals in an open market transaction.
The sale reduces her holding but she retains a remaining position in the company.
The transaction comes with Commercial Metals, NYSE:CMC, last closing at $75.64.
This kind of insider activity tends to get investors' attention because it involves someone who previously held a senior leadership role and has had visibility into the business...