Skip to main content

Market Overview

Gannett Shares Jump 4% As Insiders Report Direct Acquisitions


Gannett Co Inc (NYSE: GCI) experienced two insider buys over the past two trading days.

On Friday, Gannett Director Louis John Jeffry purchased 33,600 Shares at $7.78 per share, adding $261,408 to his total equity. On Monday, Gannet SVP and CFO Allison Engel purchased 6,400 shares at $7.8081 per share, adding nearly $50,000 to her total equity.

Shares of Gannett were trading down around 50 percent year-to-date and around 30 percent over the past month following two earnings misses and a drawn-out attempt to acquire tronc Inc (NASDAQ: TRNC), formerly Tribune Company.

Insiders buying stock can be an indication of where they feel the price may be going from there.

At time of writing, shares of Gannett were trading up around 3.7 percent at $8.11.


Related Articles (GCI)

View Comments and Join the Discussion!

Posted-In: News Insider Trades Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at