Wesco’s CFO and HR chief bought about $603,430 in shares, a favorable sign of confidence; both also received options that vest over 3 years. The earlier report of record quarterly sales and 55% data-center revenue growth adds support.
Senior leaders choosing to add shares can signal confidence in the company. Their option grants are separate from those purchases and follow an employment agreement. Recent record sales and data-center growth strengthen the favorable reading.
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