Alcoa, Inc. Shares Slide 26.9% Below Tata's Purchase Price
September 08, 2015 at 11:31 AM EDT
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on April 10, Alcoa, Inc.'s Director, Ratan Tata, invested $44,725.02 into 3,405 shares of AA, for a cost per share of $13.14..