hi there, i was looking at insider buying and i dont understand why the numbers dont match....my full question below, thank you guys!?

hey there everyone, i have a question...theres a company where insiders purchased stock in there own company, how ever i dont understand why everywhere it shows the CFO of the company purchased 2500 shares for $22.50 a share few days ago...however the stock has never even been close to as high as $22.50...this entire year it has not gone over $12.49...i have seen this happen before, what's the reason for this? why do i sometimes see insider buying where it claims a insider spent a certain amount of money per share but the stock has no record being that high? thank you guys.....

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3 Answers

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  • 4 weeks ago
    Favorite Answer

    Without doing more research I cannot be sure, but my guess is that the purchase was for preferred stock, not common stock. 

  • kswck2
    Lv 7
    4 weeks ago

    Insider trading is Illegal. This is what caused the 1929 Stock Market Crash. 

  • Anonymous
    4 weeks ago

    Asked & answered. Would you stop asking?

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