James D. Palm's insider trading activity reveals his substantial investment in Gulfport Energy. In 2019, his trading ranged from $755.42K to about $660.80K a month, showing a steady involvement in the market. Fast forward to 2021, and he was making...
James D. Palm's insider trading activity reveals his substantial investment in Gulfport Energy. In 2019, his trading ranged from $755.42K to about $660.80K a month, showing a steady involvement in the market. Fast forward to 2021, and he was making massive trades around $15 million per month, which peaked at $32 million by late 2023. This indicates that a significant portion of his wealth was tied to Gulfport’s stock, underlining his belief in the company’s trajectory. His financial moves suggest not just confidence but also an understanding of the market dynamics, which likely stemmed from his extensive experience in the industry. Palm's overall strategy seems centered on making calculated decisions based on company performance, showing a proactive stance towards protecting and growing his holdings.