TEK2day

Operating at the Intersection of Technology and the Capital Markets

Tag: Jay Adair

  • Insider Selling & Share Repurchases – A Corporate Governance Problem

    It is a corporate governance problem when insiders sell shares in the face of share repurchase programs. Take the example of Copart (ticker: CPRT). CPRT insiders have not purchased any shares over the past several years, yet they have done plenty of selling. Further, CPRT share repurchases helped support the stock while insiders sold (see…