Harley-Davidson Director Rafeh Masood Buys 2,775 Shares

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Harley-Davidson, Inc. (NYSE:HOG) Director Rafeh Masood acquired 2,775 shares of the company's stock in a transaction on Friday, February 27th. The stock was purchased at an average cost of $18.00 per share, for a total transaction of $49,950.00. Following the transaction, the director now owns 7,480 shares of the company's stock, valued at $134,640.

Why it matters

This insider buying activity suggests that a Harley-Davidson director has confidence in the company's future prospects, as he has increased his personal stake in the motorcycle manufacturer. Insider transactions can provide valuable insights into a company's outlook.

The details

Rafeh Masood, a director at Harley-Davidson, purchased 2,775 shares of the company's stock on February 27th. The shares were acquired at an average price of $18.00, resulting in a total transaction value of $49,950. This purchase increased Masood's ownership stake in Harley-Davidson to 7,480 shares, valued at $134,640.

• The transaction took place on Friday, February 27th.