Werner Enterprises (WERN) has disclosed a new risk, in the Regulation category.
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In the first quarter of 2024, Werner Enterprises reported that none of its directors or officers initiated or concluded any trading arrangements under Rule 10b5-1 or outside its purview. Such trading plans, delineated in Item 408(a) of Regulation S-K, are designed to allow insiders to trade their own company’s stock at predetermined times and prices, mitigating allegations of insider trading. The absence of new or terminated arrangements could suggest a stable confidence in the company’s prospects among its top executives, or conversely, a cautious approach to stock transactions in an uncertain market environment. This stability in trading arrangements may be of interest to investors monitoring executive market behavior for insights into the company’s health.
The average WERN stock price target is $39.63, implying 6.53% upside potential.
To learn more about Werner Enterprises’ risk factors, click here.