Date archive for April 12th, 2011
Insider Transactions – April 11, 2011
Notable Insider Buys:
1. Jefferies Group Inc. (JEF): $24.72
Director Joseph S. Steinberg acquired 5,154,639 shares of this investment bank, paying $24.25 per share for a total amount of $125 million. This was an indirect purchase by Leucadia National Corporation (LUK).
This purchase was part of a $500 million secondary stock offering by Jefferies. I normally exclude purchases related to secondary offerings as well as purchases by corporate entities like Leucadia. However I decided to include this purchase because Leucadia is a publicly traded holding company that is also sometimes referred to ...
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