CIT Group (CIT) Sees Flurry of Insider Buying Activity

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February 4, 2016 5:29 PM EST

CIT Group (NYSE: CIT), which is under activist pressure to break-up, saw a flurry of insider buying disclosed after the close of trading Thursday:

  • Chairman/CEO, John Thain, bought 50,000 shares on 02/04 at $27.31
  • Vice Chairman, Ellen Alemany, bought 19,000 shares on 02/04 at $27.32
  • Vice Chairman, Steven Mnuchin, bought 114,623 shares on 02/04 at $27.77
  • Director, Alan Frank, bought 2,000 shares on 02/04 at $27.72


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