$PSN.US ranked positive on August 9th, 2022

Smart Insider $PSN.US ranked positive on August 9th, 2022

$PSN.US ranked positive on August 9th, 2022

Parsons Corp – (PSN, +1, August 9th)

George Ball (Non-Executive since 2022, joined 1995) purchased $2.9 million of stock at $41.50 on August 5th, increasing his holding by 25%. This is his largest purchase and the highest price he has paid. His track record as a buyer on his 6 previous purchases since May 2019 has been good , contributing to ranking the stock +1 on 5 prior occasions.

The last signal, which ended on July 31st, only expired due to the passing of time. His last acquisition was in February 2022 when he bought $1.3 million of stock at $33.40 and it is interesting to see him buying more than twice this size at a price 24% higher. Ball stepped down as CFO in July after 14 years in the role but joined the board of directors.

Subsequent note: Ball’s recent purchase was amended to $1.4m, half of what was originally filed. There were no other changes, nor any changes to the stock’s rank (+1). It is still a large purchase, is into strength and Ball’s record is very good.

We are ranking the stock +1.

If you want to have Stock of the Week with insider buying stocks information and analysis in your email, don’t forget to subscribe!
Follow us on LinkedIn and Twitter

Check our Signals Performance and if you want to know more about this Signals Service, please, email us at sales_admin@smartinsider.com or fill in the Contact Us form here.

If you are interested in our Stocks of the Week
those services may also be useful for you


Timely data delivery customised to every user, backed by analysis tools on our internal website


We rank the stocks where transactions are most likely to indicate future share price performance


Studying buyback activity can give a clue to the fortunes of a company and help predict future share price movement

If you are a member of the media and would like to speak with a Smart Insider expert, please contact us press@smartinsider.com or call +44 203 405 3356

Scroll to Top