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Banco Bradesco Director Paulo Rogerio Caffarelli Buys Preferred Shares

The Motley Fool +1 ·

BBD
BBD Banco Bradesco SA ADR
$4.51 +4.16%
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  1. 1Director Paulo Rogerio Caffarelli directly purchased 31,266 preferred shares of Banco Bradesco S.A.
  2. 2This purchase, valued at approximately $562,163, is an optimistic signal from Paulo Rogerio Caffarelli.
  3. 3The transaction was completed at a weighted average purchase price of $17.98 for Paulo Rogerio Caffarelli.

So what's the key point?

A director of Banco Bradesco purchased shares of his own company. Buying approximately $560,000 worth of shares is a positive sign that the company will do well.

Source The Motley Fool +1 · View original ↗

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