Link: http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B3235EAF7%2DD8B7%2D4181%2DA0F6%2DDFCCD77B41F6%7D&siteid=mktw&dist=BOSTON (MarketWatch) -- Janus Capital Group Inc. Chief Executive Officer Gary Black bought nearly $1.5 million of the Denver-based mutual fund company's stock in the open market on Friday, a Janus spokeswoman confirmed Monday.Black, who is also the firm's chief investment officer, purchased 75,000 shares at $19.75 each, according to a Monday regulatory filing. "This was an open-market transaction, and clearly reflects Mr. Black's confidence in the firm," Janus spokeswoman Shelley Peterson said. Mark Lane, an analyst at William Blair & Co. called the move "a pretty strong statement." "It's not an immaterial transaction," Lane said.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Ma