Sprint (S) Insiders Coutinue to Buy Up Stock, CFO Takes Down 100K Shares
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Sprint (NYSE: S) CFO Joseph Euteneuer buys 100,000 shares on 5/1 at $2.55, bringing his stake to 923,008 shares.
The purchase by the CFO follows a recent purchase by the CEO Dan Heese. Hesse bought 50,000 shares on 4/26 at $2.38.
The purchases appear to be a vote of confidence in the company, which has suffered due to major competition in the wireless carrier space and the high subsidies it pays for the iPhone.
The purchase by the CFO follows a recent purchase by the CEO Dan Heese. Hesse bought 50,000 shares on 4/26 at $2.38.
The purchases appear to be a vote of confidence in the company, which has suffered due to major competition in the wireless carrier space and the high subsidies it pays for the iPhone.
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