New Jersey Resources COO Sells 3,000 Shares for $167,000
New Jersey Resources' COO sold 3,000 shares of the company, generating roughly $167,000 in proceeds. The shares were held directly, and the insider reported no indirect ownership in the filing.
Why it matters — Insider transactions are tracked by NJR watchers as a signal of management sentiment toward the stock, so this reported sale is noteworthy.