BlackRock (BLK) director James Grosfeld purchased $94M of company stock over the past month,...


BlackRock (BLK) director James Grosfeld purchased $94M of company stock over the past month, bringing his stake up to $130M. It's one of the largest insider buys across the entire market in the last 9 years, says InsiderScore's Ben Silverman. BlackRock trails the gains and valuations of rivals like Franklin Resources and T. Rowe Price, partly held back by fears of an ETF price war.

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Comments (4)
  • Interesting Times
    , contributor
    Comments (15009) | Send Message
     
    What does he know that we don't?

     

    http://bit.ly/QjuawL;feature=share

     

    maybe he can figure this one out??

     

    Have a good weekend.
    16 Nov 2012, 07:59 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9903) | Send Message
     
    Will be interesting to see how that one works out over time. Do think he might well have gotten better prices if he waited, but it's his money and his gamble to make.
    17 Nov 2012, 12:54 PM Reply Like
  • Hillbilly Stock Star
    , contributor
    Comments (746) | Send Message
     
    Inside track on USA National Pension Plan proposed by Obama? Hey somebody's got to actually manage the money? Wild Guess!
    17 Nov 2012, 03:53 PM Reply Like
  • Richard93
    , contributor
    Comments (812) | Send Message
     
    HSS very good reasoning. It does not seem that wild to me but with one problem. They will spread out the money to many companies. I think he wants the power and control do to Carl Ican types you will try to get control of the company also George Soros comes to mind as well. Best Wishes
    18 Nov 2012, 01:59 AM Reply Like
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