Xai octagon vice president John Yogi Spence buys $12,760 in shares

Published 22/02/2025, 01:26
Xai octagon vice president John Yogi Spence buys $12,760 in shares

John Yogi Spence, Vice President of XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT), recently purchased 2,000 common shares, totaling approximately $12,760. The shares were acquired at a price of $6.38 each. This transaction increases Spence’s direct ownership to 551,806.094 shares. Additionally, Spence holds indirect ownership through various entities, including XMS Holdings, LLC and XA Investments, LLC, as well as shares held by a spouse. With the stock’s RSI indicating oversold conditions, this insider purchase at the $372.9M market cap company could be significant. InvestingPro subscribers can access additional insights and real-time insider trading analysis.

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