Just saw that Herbjørn Hansson, the CEO of Nordic American Tankers, dropped $270k to grab another 100k shares at $2.70 each. Now the Hansson family is sitting on 9.4 million shares total - basically the largest private holder in the company.



This kind of insider buying is always interesting to watch. On one hand, it signals that Hansson believes in where the company is headed. But on the flip side, you've got pretty heavy concentration of power in one family's hands, which some investors get nervous about. Plus the fact that he's buying at $2.70 makes you wonder what the market sentiment really is right now.

Looking at the institutional side, it's been pretty mixed. Some big funds like Citadel and Allspring have been trimming positions, while others like Mirae Asset and Centerbook have been adding. So it's not exactly a clear bullish picture across the board.

Anyone else holding NAT or watching this stock?
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