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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 dividend. To check out other marijuana companies listed on the NYSE, check out our NYSE listed marijuana stock database.
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