Marchex Director Buy Shares

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A director of Marchex Inc., Nicolas Hanauer, bought 98,000 shares of stock of Marchex, a week ago Friday, on February 22,
for between $8.26 to $8.50 a share.

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. Damir says

    When a Director buy shares in the Company it is a GREAT sign.

    The Company must have a great plan for the future and is on track to achieve the target which will result that other investors or potential investors will also start buying the shares so the price of a share will increase in value.

    Great POST THERE

  2. admin says

    Damir

    Agreed but the opposite is not true, that is a sale is not always an indication of the officer has given up on the company or is negative.

    The question is how many shares do they have left after the sale

  3. Mark says

    Nick was also the founder of aQuantive (sold to Microsoft last year) and the first angel investor in Amazon.