David B. Edelson was active in managing his company shares, showcasing significant insider trading activity. In the last quarter of 2020, he reported trades totaling around $3.65 million. His share values fluctuated greatly, with one instance peaking at $11.13 million...
David B. Edelson was active in managing his company shares, showcasing significant insider trading activity. In the last quarter of 2020, he reported trades totaling around $3.65 million. His share values fluctuated greatly, with one instance peaking at $11.13 million in July 2023. This indicates that he was confident in his company's direction, as he capitalized on share price variations. His holdings reflected a keen eye for market dynamics, suggesting he believed in the long-term growth of Loews even after his retirement. This strategy of buying and selling implies a hands-on approach to his financial portfolio, emphasizing his finance background and understanding of market trends.