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Insider Buying by Compass Diversified Holdings' CEO

June 23, 2017

 (Image Credit - Investment Zen)

Alan Offenberg, CEO and Director of Compass Diversified Holdings (NYSE:CODI) submitted a Form 4 to the SEC concerning his recent purchase of stock. Since officers and directors of companies have the most complete picture of what is going on inside of their organization, it's a major vote of confidence to see them buying shares.

 

Insider Buying by Director and CEO, Alan Offenberg

 

Compass Diversified Holdings' Director and CEO, Mr. Alan Offenberg, filed a Statement of Changes in Beneficial Ownership (a Form 4) with the SEC on June 22nd to report two stock purchases. Mr. Offenberg made two separate purchases: one on June 21st and another on June 22nd. On June 21st, Mr. Offenberg purchased 25,910 shares of CODI at a weighted average price of $16.887 per share. On June 22nd, Mr. Offenberg purchased an additional 34,090 shares of CODI at a weighted average price of $16.795 per share. The combined purchases amount to an investment of $1,010,000. Following these purchases, Mr. Offenberg beneficially owns 534,942 shares of CODI. 

 

Conclusion

 

To learn more about Compass Diversified Holdings, be sure to check out the company's profile in our marijuana stock database. Remember, because Compass Diversified Holdings trades on the NYSE, it is one of the few marijuana stocks that can be traded commission free on the Robinhood app. CODI is also one of the few marijuana stocks that pays a dividendTo check out other marijuana companies listed on the NYSE, check out our NYSE listed marijuana stock database

 

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D/M/O

 

Disclaimer
 
Investing in nanocap, microcap, and small cap stocks is highly speculative. The publishers of DailyMarijuanaObserver.com are not registered as Investment Advisors or Broker-Dealers in any jurisdiction whatsoever. The information contained on DailyMarijuanaObserver.com (“this site”) has been prepared solely for informational purposes. Nothing on the site is an offer or solicitation to buy or sell securities. Investors should seek financial advice regarding the appropriateness of investing in any securities mentioned from their financial advisor.

 

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