On Thursday, Borr Drilling's Director, Tor Olav Troim, made a $2.79M buy of BORR, purchasing 500,000 shares at a cost of $5.58 each. Investors are able to snag BORR at a price even lower than Troim did, with shares changing hands as low as $5.27 in trading on Friday which is 5.6% below Troim's purchase price. Borr Drilling is trading up about 1.3% on the day Friday. Before this latest buy, Troim made one other buy in the past year, purchasing $2.6M shares at a cost of $5.20 each.
And also on Thursday, See Remarks Patrick P. Gelsinger purchased $264,635 worth of Gloo Holdings, purchasing 36,653 shares at a cost of $7.22 a piece. Before this latest buy, Gelsinger made one other buy in the past year, purchasing $1M shares at a cost of $8.00 each. Gloo Holdings is trading up about 7.4% on the day Friday. So far Gelsinger is in the green, up about 10.8% on their purchase based on today's trading high of $8.00.
VIDEO: Friday 4/17 Insider Buying Report: BORR, GLOO
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.