CommScope’s President and CEO Charles Treadway Purchases $500K of stock
On Friday, President and CEO of infrastructure provider Commscope Holding Company Inc (NASDAQ:COMM), Charles Treadway, disclosed in a US Securities and Exchange Commission that he purchased 59,927 shares at $8.34 a share for a total just shy of $500,000. Treadway also has 1.15 million in shares and some restricted shares. Treadway has been CEO since October 2020. Six insiders purchased 0.12% of the total float in the last three months. Senior management’s open market purchases frequently signal that the company seems “cheap” to them with a brighter outlook. Q1 2022 hedge fund letters, conferen...