GDL Fund (NYSE:GDL) Stock, Insider Trading Activity

GDL Fund: Insider buying and selling updated today.

What is Insider Activity?

Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.

What are GDL Fund Insiders Doing?

At GDL Fund, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 2.50K shares worth $20.10K, meanwhile, insiders have report no purchases in the last 30 days.

Notable Recent Insider Buys and Sales

  • On November 27, 2024, Mario J Gabelli, the company's DIRECTOR sold 2.5K shares for $8.04 each.

Ownership Statistics for GDL Fund

Shares Outstanding
11.836M
Insider Shares Owned
2.752M
Insider Percentage Owned
23.3%
Institutional Shares Held
316.176K
Institutional Percentage Held
2.67%
Data brought to you by Benzinga APIs

FAQ

Q

Is insider trading legal?

A
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
Q

What are some examples of market manipulation?

A
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.

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GDL Insider Trading News

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