A Director of Avaya Holdings Corp. (NYSE:AVYA), Theodore Walker Cheng-de King, has bought the company's shares worth $5.25 million. According to an SEC filing, the director bought 1,930,600 Avaya shares in the range of $2-$3 per share. Following his transaction, Theodore now holds about 13,231,350 shares of Avaya. Meanwhile, the transaction spiked investors' interest in the stock as it rose around 26.7% to $0.8011 from $0.6320 on August 17. According to TipRanks, which also provides a comprehensive list of daily insider transactions, various corporate insiders have bought and sold AVYA stock in the last three months. TipRanks’ Insider Trading Activity tool shows that corporate insiders have brought AVYA shares worth $7.
https://www.tipranks.com/news/this-insider-just-pocketed-5-25m-worth-of-avaya-stock-nyseavya?utm_source=advfn.com&utm_medium=referral
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